LCH.Clearnet - EnClear Block Future Clearing Fee Changes

Report date
Summary

Circular No.

LCH Circular No 3577

Service Circular No

EnClear Circular No 422

Date:

23 December 2014

To:

All EnClear Members

Body

LCH.Clearnet Limited would like to inform its members that it will be increasing its fees for EnClear Dry Freight contracts by $1/lot and its Fertilizer contracts by $5/lot with effect from 2nd January 2015.  The extra fees will cover the cost of Block trade registration at Cleartrade Exchange and Baltex following the successful launch of Block Futures for EnClear markets on the 1st December 2014. Fees for other EnClear contracts – Containers, Steel, Coal and Iron Ore, will remain unchanged.

The full list of LCH EnClear Freight fees can be found here, and Fertilizer fees here.

Please do not hesitate to contact Isabella.kurek-smith@lchclearnet.com or david.barnes@lchclearnet.com if you have any questions.