Revisions to RepoClear Ltd Tariff Structure

Report date
Summary

LCH Circular No 3997

17th December 2018

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 with effect from 1 January 2019.

 

Repo Clearing Fee Structure

  • The ad-valorem fee structure will be based on a single rate of 0.00375%, regardless of term;
  • The processing fee for Sterling denominated trades will increase from £2.35 to £2.60

Processing Fee

Current Fee

 New Fee

Fee per Sterling denominated trade (£)

       2.35     

     2.60    

Cash Bond Clearing Fee Structure

  • The current registration fee will increase from 1.0 to 1.25 per million cash amount

Cash Bond Fee

 Current Fee

  New Fee

Fee per million cash amount (€,£,$)

       1.0

     1.25

The new tariff will be published on LCH website as of 1 January 2019 at the following link: https://www.lch.com/services/repoclear/repoclear-ltd/fees



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