LDR/CDR/RDR/Accommodation Charge Notification

Report date
Summary

Circular No.

LCH Circular No 4228

Date:

28 September 2022

To:

All LCH Ltd Members

Body

As per Circular 4227 - LCH Ltd (LCH) can confirm that the committee’s review has been completed. Full details have now been published in the fees section of LCH website.

As a reminder, LCH may review rates applied to cash balances more frequently if required. LCH may change LDR with 3 days’ written notice and CDR with 2 weeks’ written notice. 

Collateral Substitutions 

LCH may require up to 10 business days’ notice for substitutions of collateral (cash collateral versus non-cash collateral and cash versus cash collateral) in excess of £50mm until further notice.   

The above applies to both Clearing Members' house and Client business.

 
If you require any further information or have any questions please contact: 

Collateral Client Services
Collateral.ClientServices@lch.com