LCH Ltd RepoClear - Withdrawal of Clearing of Euro and USD Products

Report date

Tue, 21/01/2020

Summary

Circular No.	LCH Circular No 4074
Date:	21st January 2020
To:	All RepoClear Ltd Members

Body

All RepoClear Ltd Members

Further to LCH Circular 4032 sent on 12 July 2019, LCH reminds Clearing Members that clearing of Euro and USD repo and cash bond trades will be withdrawn from the LCH Ltd RepoClear service in March 2020.

LCH Ltd RepoClear will not accept new Euro and USD trades that mature after 20 March 2020. Trades submitted for settlement up to and including 20 March 2020 will be accepted for clearing subject to meeting standard service eligibility.

For further information please contact RepoClear Ltd Sales & Relationship Management: RepoClearMembershipSales@lch.com