SwapClear Clearing Member and Client Fee Tariffs
Circular No. LCH Circular 4004
Date: 1 February 2019
To: All SwapClear Clearing Members
Dear SwapClear Clearing Member,
Further to Circular No. 4002 of 31 December 2018, LCH Limited (“LCH”) is writing to notify SwapClear Clearing Members that, in light of the re-opening of the US federal government and the CFTC, the fees set forth in Circular No. 3996 of 14 December 2018 will apply from today’s date. Circular No. 3996 notified SwapClear Clearing Members, amongst other things, of forthcoming amendments to their fees for the clearing of non-deliverable interest rate swaps and the annual fees for the Platinum tariff.
LCH Relationship Management
Terms used in this Circular have the meanings ascribed to such in the Rulebook (available at www.lch.com). For the avoidance of doubt, the term “SwapClear Clearing Member” includes an “FCM Clearing Member”.