LCH Ltd EquityClear: change to fixed fail fee in French market
Report date
Summary
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Circular No. |
LCH Circular No 4120 |
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Date: |
28th October 2020 |
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To: |
All LCH Ltd EquityClear Clearing Members |
Body
Dear LCH Ltd EquityClear Clearing Member
We would like to advise you of a change to the fixed fail fee for French settlements.
Effective 01 November 2020, the fixed fee for failing French settlements will reduce from £25 to £20 per failed settlement, per day.
If you require additional information, please contact Securities Client Services at securitiesclientserviceltd@lch.com
Yours sincerely,
Alex Krunic
Head of Equities, LCH Limited