Suspension of the LCH CommodityClear Clearing Service for Iron Ore Futures and Options and Steel Futures
Report date
Summary
Circular No. |
LCH Circular No 3866 |
Service Circular No. |
EnClear Circular No 456 |
Date |
12th June 2017 |
To: |
All LCH CommodityClear Clearing Members |
Body
Members are advised that, with effect from 13 June 2017, LCH will cease clearing Iron Ore futures and options contracts, and all Steel futures contracts, with the exception of the June 2017 Hot Rolled Coil Northern Europe contract (SCN) which will be settled on 30th June.
There is no open interest in these contracts, with the exception of June 2017 SCN steel.
The contract codes for Iron Ore are :TSI and TSO
The contract codes for steel are: SCN, SCS and SST
If you have any questions please do not hesitate to contact Isabella Kurek-Smith at
Isabella.kurek-smith@lch.com or +44 207 426 7460