LCH.Clearnet Ltd – Modification to Nodal Exchange Margin Model - Effective 12th January
Report date
Summary
Circular No. |
LCH Circular No 3573 |
Service Circular No |
Nodal Circular No 35 |
Date: |
18 December 2014 |
To: |
All Nodal Clearing Members |
Body
Further to LCH.Clearnet circular No. 3548 – Modification to Nodal Exchange margin model we would like to inform you that, subject to regulatory approval, the updated margin model will be implemented as of 12 January 2015 and will govern the end of day margin calls on that day. Should this date change there will be further communication.
If you require any additional information or have any questions please contact Daniel Berger by phone on (212)513-8260 or by email at daniel.berger@lchclearnet.com