LCH Ltd EquityClear fee revision in Euroclear Finland

Report date

Wed, 03/04/2019

Summary

Circular No.	LCH Circular No 4016
Date:	April 3, 2019
To:	LCH Ltd EquityClear Clearing Members

Body

Dear Member

From 1st April 2019, LCH will incur additional charges for failed settlements in Euroclear Finland.

To recover these third party costs, a daily fixed fee of £65 per failing transaction will be applied to members with failed settlements in Euroclear Finland.

The new costs will be effective from 1st May 2019, and will be invoiced from 1st June 2019.

For further information please contact:

Ian Mackenzie email ian.mackenzie@lch.com Tel +44 (0) 207 426 7265 or

James Upton email james.upton@lch.com Tel +44 (0) 203 197 4619

Yours Sincerely

Bruce Kellaway, Global Head of RepoClear & Collateral, Head of Ltd EquityClear