Clearing for Listed Rates

Summary

This one day course assumes that delegates have an understanding of short-term interest rate (STIRs) and long-term interest rate (LTIRs) euro-and sterling-based listed derivatives. If required, introductory training on the products in which LCH offers central counterparty services is provided on Understanding the Markets. Information on margining and the default management process is provided on the Risk Management and Margining for NLX  course.

A tailored training programme will be designed for your organisation's specific requirements, which could include the sessions detailed on the below training programme.

Body

Training Programme

Date:

This training is arranged upon request.

Location: LCH Ltd Training Facility
Aldgate House
33 Aldgate High Street
London
EC3N 1EA
United Kingdom

Please note that the duration of each module is an approximation and actual session times may vary.

Registration and Coffee (10 mins)

NLX Synapse System Workshop (240 mins)

 

Collateral Operations and Banking Reports Reconciliation (60 mins)

  • The Role of LCH.Clearnet Collateral Operations
  • Protected Payment System (PPS) Process
  • Banking Reports

Collateral Lodgement and Withdrawal Procedures (30 mins)

  • Acceptable Collateral
  • Custodians and Accounts
  • Regulation
  • Collateral Management System
  • Securities Settlement
  • Coupons
  • Collateral Reports

Questions and Answers


Additional Information

Further information regarding NLX can be obtained by visiting www.nasdaqomx.com. For specific queries, please email:

Email: onboarding@nlx.co.uk

 

Associated Training

In addition to the training detailed above, the following reference guides are available:

  • Synapse System User Reference Guide

New Clearing Members and those extending their Clearing Member status to include the clearing of NLX business, are allocated free places on this course as part of the application process.

To arrange refresher training on Clearing for NLX, please contact the Member Training team.