LCH Ltd EquityClear clearing fee revision
LCH Circular No. 4092
7 May 2020
All LCH Ltd EquityClear Clearing Members
Dear LCH Ltd EquityClear Clearing Member,
We would like to advise you of the following changes to the LCH Limited (LCH) EquityClear clearing fees, which will be effective on and from 1 June 2020:
- The number of bands will reduce from 13 to 11;
- The clearing fee and average daily volume (ADV) associated with certain of the remaining bands will change, as shown in the table below; and
- The number of markets required for bands 10 and 11 will increase, as shown in the table below.
|Band #||RIEs||MTFs||Current # Markets Required||New # Markets Required||Current ADV||New ADV||Current Fee (£)||New Fee (£)|
If you require additional information, please contact Securities Client Services at firstname.lastname@example.org.
Head of Equities, LCH Limited