LCH.Clearnet Limited Banking Report Changes

Report date
Originating Department

Collateral Operations

Date: 8 August 2014
To: All LCH.Clearnet Ltd Clearing Members

Clearing Members are advised that LCH.Clearnet Ltd (LCH.Clearnet) Banking Reports are being updated to include an ‘Account Description' column.

This change is being implemented in order clearly identify when an account holds Cleared Swaps Customer or Futures Customer Funds for FCM's.

The following reports are impacted by this change which applies to both .txt and PDF formats.

REP00019 - Overnight Cover Distribution

REP00022 – Yesterday's Cover Account Postings

REP00030 – Cover Calling Summary

REP00036 – Non Cash Collateral Holdings

REP00036a – SOD Non Cash Collateral Holdings

REP00037 – Statement of Account


The ‘Account Description' column will be populated in the last column in the .txt files of each report.  The Account Description column will be visible to all clearing members, however the description will only be populated for the following FCM accounts, which hold Cleared Swaps Customer or Futures Customer Funds:

Sub Account                         Description

C                                             Cleared Futures Account

C                                             Cleared Swaps Account

U                                             Cleared Swaps Account


The above changes will take effect from Monday 1 September 2014 following the end of day clearing runs on that date.

Technical Specifications have been updated and are available by using the below web link. 

Member Banking Reports

Member test reports will be updated from Monday 18 August 2014 following the end of day clearing runs on that date.


If you require any further information or have any questions please email Collateral Operations using or phone: +44 (0) 20 7426 7505.