Reminder Extension of GBP Cash Window for Intraday Member Margin PPS Calls

Report date

Circular No.

LCH Circular No 3798


27th October 2016


All LCH Ltd Clearing Members


Dear Member,

As per Circular 3793, LCH would like to remind Clearing Members that the go live date of the extension to the GBP window for calling intraday margin calls will be Monday 31st October.

The current GBP window close of 14:30 will be extended to 16:00.

Members who have chosen GBP as the preference for intraday margin calls will now provide GBP until 16:00 and then switch to paying USD from their New York accounts.

Members who do not have GBP as an intraday preference currency will see no change.

If you have any questions, please contact

Kind regards,

Collateral Services