LCH.Clearnet EnClear - Fertilizer, December 2014 Expiry/Settlement and Minimum Tick Change

Report date
Summary

Circular No.

LCH Circular No 3562,

Service Circular No.

EnClear Circular No 419

Date:

10 December 2014

To:

All EnClear Members

Body

This circular is being shared to make EnClear Clearing Members aware that due to an additional index publication date in December the expiry and settlement dates for all EnClear Fertilizer contracts in December have been changed.

All EnClear Fertilizer contracts will now expire on 23rd December 2014 and settlement will take place on 24th December 2014.

The Minimum Tick will change from the current 4 decimal places, to 2 decimal places. This change will be effective immediately and will be inclusive of the December 2014 expiry/settlement.

Please contact David Barnes (david.barnes@lchclearnet.com) or Isabella Kurek-Smith (isabella.kurek-smith@lchclearnet.com) with any enquiries