LCH.Ltd EquityClear Fees
Originating department: |
Risk Management |
Circular No. |
LCH Circular No 3830 |
Service Circular No. |
EquityClear Circular No 61 |
Date: |
17th January 2017 |
To: |
Al EquityClear Ltd members |
Dear Member,
The LCH. Limited (“LCH”) EquityClear service is committed to offering its members and potential new members the broadest venue coverage and netting opportunities underpinned by a competitive tariff that meets the needs of all market participants.
The EquityClear tariff has been redesigned and applies a simple per unit cost to each trade depending on predefined and transparent criteria. The redesigned tariff will be effective from 1st February 2017, whereby members will be invoiced in March 2017.
New and existing Members will benefit from economies of scale due to increased volume and the breadth of the Members cleared activity across markets.
Changes have also been made to our settlement costs which can be reviewed along with all the EquityClear service costs on our fees webpage
If you have any questions regarding the fee structure please contact:
Ian Mackenzie ian.mackenzie@lch.com; +44 (0)20 7426 7265
Tim Beckwith tim.beckwith@lch.com; +44 (0)20 7426 7276
Yours Sincerely
Vikesh Patel, COO, EquityClear