LCH.Clearnet Ltd – Service Opening Table 2015 Update

Report date

Circular No.

LCH Circular No 3660


05 October 2015


All LCH.Clearnet LTD Members


LCH.Clearnet Ltd (LCH.Clearnet) would like to provide an update to the Service Opening Table detailed in LCH.Clearnet circular 3612 . The Service Opening Table in this circular provides further details of those Clearing Services that are open or closed on recognized UK bank holidays.

Updates include:

  • Clarification of Nasdaq OMX NLX/EquityClear/RepoClear’s opening on the 28th December.
  • Reflection of Nodal Exchange’s migration to Nodal Clear


Updated Service Opening Table 2015

The red columns denote days on which LCH.Clearnet is closed.

Margin Calls on UK Bank Holidays

Margin calls for all clearing services from the close of business on the day prior to a UK bank holiday will be called from your PPS bank for value on the day of the UK bank holiday (except for those currencies where local holidays apply or for next day value currencies).
Those clearing services that are open will be subject to the normal business day processes including intra-day margin calls and deadlines as detailed in our Rules and Regulations.


Banking reports from close of business on the day prior to a UK bank holiday will be available by 6am GMT on the UK bank holiday.
Reports are available on the member reporting website for five business days.

For further information, please contact the below:

Nick McMillan    
Collateral Operations and Client Service Manager

Laurence Jones
UK Head of Collateral Operations

Collateral Operations
 +44 (0) 20 7426 7505