Updated Margin Rates

London Stock Exchange Derivatives Market Margin Rate Changes

1.LCH has, after consultation with the London Stock Exchange Derivatives Market, revised the London SPAN parameters as marked in bold and italic on the attached document. 

2.Changes have been made to London Stock Exchange Derivatives contracts.

3.The changes will be going live on Tuesday 3rd April and will be reflected in margin calls on Wednesday 4th April.

4.This circular supersedes circular number LCH Ltd. 3880; London Stock Exchange Derivatives Market dated 14th August 2017.

5.Details of the current SPAN Parameters, for all London Stock Exchange Derivatives contracts, can be found on the LCH website (www.lch.com) under Risk Management > Ltd > Margin rate circulars.

6.For further Information please contact the following:

ETD Risk                  +44 (0)20 7426 7918

Nicholas Lincoln
Director, Market Risk