Non Cash Collateral Fee Notification

Report date

Circular No.

LCH Circular No 3938


21st March 2018


All LCH Ltd Clearing Members


As per Circular 3760- LCH Ltd. can confirm that the committee’s review has been completed.

Full details will be published in the fees section of the LCH website shortly.

Members should note that this notification contains changes to the fees for non-cash collateral in addition to cash collateral.

Securities provided for margin cover on a bilateral basis will move to 11bps (+1bp), provision via triparty at Euroclear and Clearstream is reduced to 9.5bps (-0.5bp). Securities provided for Swapclear client accounts remain unchanged at zero bps. Subject to regulatory review, these changes will be effective on the 05/04/2018.

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

Collateral Product (Non Cash Collateral)