Training and Resources for LCH Clearing Members
LCH is proud to provide comprehensive training to both new Clearing Members as well as refresher courses for our existing Clearing Members.
Our educational initiatives are centred on the LCH Training Curriculum which provides instruction for our Clearing Members through a number of programs.
The Training Curriculum includes:
- Introductory courses
- Operational training
The LCH Ltd Rulebook states Clearing Members must ensure that:
"an adequate number of administrative staff are fully conversant with procedures for the management of business transacted in the markets and contracts cleared by the Clearing House and in which the Clearing Member participates"
LCH's range of training has been designed to assist Clearing Members in meeting these criteria.
A bespoke training service is also available upon request, as resources permit, which is aimed at:
- New Clearing Members
- Clearing Members wishing to extend their existing Clearing Member status to another market
- Risk and back office operational staff at existing Clearing Member firms who require refresher training
It is recommended that there are at least two authorised clearing operators (per Product Group Securities/Derivatives) in which a Clearing Member is active.
LCH SA training courses are recommended as optional for authorised clearing operators, to expand their knowledge of LCH clearing systems, risk management and margining, and treasury operations.
Having attended a training course, delegates may also opt to register for a one-and-a-half-hour knowledge assessment, to take place within one month of attending a training session. The knowledge assessments can take place via email, or at our London or Paris offices.
Training courses for Clearing Members take place online or in person at LCH’s offices in London, Paris and New York.
Please don’t hesitate to get in touch with our training team in the UK or France with your queries.
Member Training Contacts: London +44 (0) 20 426 7968
Ensuring the operational capability of back office Operations and Risk Management staff at new, extending and existing Clearing Members of LCH Ltd.
Member Training Contacts: Paris +33 (1) 7037 6760
Ensuring the operational capability of back office Operations and Risk Management staff at new, extending and existing Clearing Member firms of LCH SA.