LCH.Clearnet Limited Confirms Reclassification of EnClear Swaps into Block Futures

Report date

Originating department:

Risk Management

Company Circular No

LCH.Clearnet Ltd Circular No 3555

Service Circular No

LCH EnClear 418


30th November 2014


All LCH EnClear Clearing Members


Further to EnClear circular no. 416, dated 24 November 2014, LCH.Clearnet Limited is pleased to confirm that the reclassification of EnClear swaps has taken place on 30 November 2014.

As of market open on 1 December 2014, all existing EnClear open positions and all new trades will be cleared and classified as Block Futures.

Block Futures will initially be admitted for trading on two regulated trading venues: Baltex (which will list Dry Freight) and Cleartrade Exchange (which will list Dry Freight, Iron Ore, Steel, Coal, Containers and Fertilizers).


Please contact on +44 207 426 7460 or on +44  203 197 4572 if you have any questions.