Revisions To RepoClear Ltd Tariff Structure

Report date
Summary
Circular No. LCH Circular No 4035
Date: 26th July 2019
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 from 1 September 2019.

 

Repo Clearing Fee Structure

  • The processing fee for Sterling denominated trades will increase from £2.60 to £3.00

Processing Fee (£)

Current Fee

New Fee

Fee per Sterling denominated trade

2.60

3.00

 

Settlement Related Charges

  • The current settlement related fees will be amended as follows:

Settlement Fee (£)

 

Current Fee

New Fee
 

DvP settlement

2.75 per net DvP settlement

3.00 per net DvP settlement
 

Cash only settlement

2.75 per movement

3.00 per  movement

UK Gilts

FoP settlement

2.75 per settlement

3.00 per settlement

 

Failed settlement

35.00 per intended settlement

40.00 per intended settlement

 

The new tariff will be published on LCH website as of 1 September 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