LCH.Clearnet Ltd – 2016 Service Opening Table Update

Please be advised that LCH.Clearnet Ltd (LCH.Clearnet) has updated the 2016 Service Opening Table detailed in LCH Circular No 3684.

Updates relate only to the London Stock Exchange Derivatives Markets (LSEDM) Clearing Service, specifically:

• 02/05/2016 – updated to NOK/TRY opening only
• 30/05/2016 – updated to NOK/TRY opening only
• 29/08/2016 – updated to NOK/TRY opening only
• 27/12/2016 – updated to NOK/TRY opening only

Updated 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
Operations and Client Service Manager

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