LCH.Clearnet Limited EnClear – Fertilizer Contracts

Report date
Summary

Circular No.

LCH Circular No 3599

Service Circular No

EnClear Circular No 426

Date:

18th March 2015

To:

All EnClear Members

Body

LCH.Clearnet EnClear Clearing Members are advised that, further to our prior circular providing the launch date for the UNM, DNM and UAM contracts, LCH.Clearnet Limited ("LCH.C") will implement the following Clearing Fees for the new fertilizer contracts:
 

LCH Commodity Code    Lot Size (1 Lot)   Clearing Fee (per Lot)
UNM    25st   $1.50
DNM    25st    $1.50
UAM     25st   $1.50

 

LCH.C will publish an updated EnClear Margin Rate Circular, incorporating the new fertilizer contracts, prior to launch on the 25th March 2015.

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