LCH Ltd EquityClear service extension - TP ICAP MTF

Report date
Summary

Circular number:

4218

Date:

13 July 2022

To:

All LCH Limited EquityClear Clearing Members
Body

Dear Member

 

We are pleased to announce that from 18 July 2022, and subject to regulatory approval, we intend to offer clearing services for trades executed on TP ICAP MTF across all interoperable securities.

 

TP ICAP MTF covers the following segments and instruments

 

  • TP ICAP MTF UK – Shares
  • TP ICAP MTF EU – Shares

 

Our EquityClear service offers Clearing Members and their clients the opportunity to reduce clearing fees by including additional flow into the discounted global fee tariff, whilst providing the ability to reduce settlements through cross-venue netting.  Clearing Members will also benefit from full margin offsets across all trading venues.

 

If you or your clients would like additional information relating the TP ICAP MTF offering, please contact: tvoeq@tpicap.com

 

For further information relating to the LCH Ltd EquityClear service please contact: securitiesclientserviceLTD@lch.com

 

 

Yours Sincerely

Ivan Gilmore, Head of Cash Equities, LCH Ltd and SA.