LCH.Clearnet Ltd – 2016 Service Opening Table

LCH.Clearnet Ltd. (LCH) will be open for business on all weekdays in 2016 with the exception of Christmas Day and New Years Day. The 2016 Service Opening Table contained within the link below provides further details of the clearing services that are open or closed on GBP/EUR/USD holidays. The red column denotes the days on which LCH is closed.

LCH.Clearnet Ltd – 2016 Service Opening Table
 

Margin Calls on GBP/EUR/USD holidays

Margin calls for all clearing services from the close of business on the day prior to a GBP/EUR/USD holiday will be called from your PPS bank for value on the day of the currency holiday with the exception of currencies which the holiday applies to and next day value currencies. Margin calls in currencies which the holiday applies to will be generated with a value date of the next good business day and still need to be confirmed by your PPS bank on the day of the holiday.

Reporting

Banking reports from close of business on the day prior to a bank holiday will be available by 6am GMT on the bank holiday.

Reports are available for five business days.

For further information, please contact:

Collateral Client Services
collateral.queries@lchclearnet.com
 +44 (0) 20 7426 7505

Nick McMillan
Nick.McMillan@lchclearnet.com
Collateral Operations and Client Service Manager

Laurence Jones
Laurence.Jones@lchclearnet.com
Head of Collateral Operations, LTD & LLC