Introduction to the CCP

Summary

Course Objective

The aim of this course is to present to future Clearing Members an introduction of the CCP’s role .

This training will also enable Clearing Members to understand the on-boarding process and LCH SA rules that manages the connection to the CCP.

This training aims also at facilitating Clearing Members future on boarding.

Body

Intended Audience

This course is recommended as optional training for new and existing Clearing Members of LCH SA.

It can be for any professional interested in understanding how the CCP manage the on-boarding of Clearing Members from market capital requirements to means connectivity access.

Prior Knowledge Required

High level knowledge of a trade lifecycle: Trading, clearing and settlement.

Module Content

  • Introduction to the CCP (1h)

    • Who we are?
    • The role of Central Counterparty (CCP)
    • Membership & Access Solutions
    • E Materials

Training Programme

This module is arranged upon request in our Paris or London offices.

It can also be arranged by vision conference or conference call.

LCH SA
Le Centorial
18, Rue du Quatre Septembre
75002 Paris
France

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

  • Who we are?

    • Background
    • LCH Group : Legal & Regulatory
    • A brief history and current membership statistics
  • The role of Central Counterparty (CCP)
    • CCP positioning
    • Novation
    • Multilateral netting effect
    • Overview
    • A virtuous circle
  • Membership & Access Solutions
    • Membership Critera
    • Membership process – on boarding new clients
    • Membership extension process
    • Access solutions

E Materials

For further details, please contact the Member Training teams:

For RepoClear T: +33 (0) 1 70 37 28 38 sa.repoclear@lch.com
For CDSClear T: +44 (0) 20 3197 4516 cdsclearbusinessdevrm@lch.com
For EquityClear T: +33 (0) 1 70 37 67 60 SAEquityClearBusinessDev&RM@lch.com

Knowledge Assessment

Once you have attended an LCH SA training course, you 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.