Revisions to RepoClear Ltd Tariff Structure

Report date
Summary

Circular No.

LCH Circular No 3913

Service Circular No.

RepoClear Circular No 226

Date

5th December 2017

To:

All  RepoClear Ltd Members

Body

Dear RepoClear Ltd Member

Please be advised of the following changes we are making to the RepoClear Ltd tariff structure as from 1 January 2018.

Repo Clearing Fee Structure

The Ad-Valorem fee will be based on the start cash amount rather than nominal amount of each repo transaction registered.

Changes in Member Reporting (RREP0030 – Fees) are also being introduced to mirror this with specifications summarised in the attached LCH technical document "RepoClear Ltd Member Reports Text File Format". Corresponding changes are also being made in the related PDF format file. 

Cash Bond Clearing Fee Structure

The current registration fee will increase from 0.75 to 1.0 per million cash amount

Cash Bond Fee

Current Fee

New Fee

Fee per million cash amount (€, £, $)

0.75

1.0

The new tariff will be published on LCH website as of January 1st, 2018 here.

For further information please contact RepoClear Ltd Sales & Relationship Management: RepoClearMembershipSales@lch.com