RepoClear

Summary

Course Objective

This one-day course enables delegates to gain a comprehensive understanding of Fixed-income activity within LCH SA clearing process.

Body

Intended Audience

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

Prior Knowledge Required

This course assumes a good understanding of repo instruments and the role and function of LCH SA.

Content

  • Fixed-Income Products
  • Trade Process
  • Settlement Management
  • Buy-in Process
  • Corporate Events Process

Training Programme

Date:

Time:

This training is arranged upon request

08:30 – 16:30

Location:

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

Please note that the timings listed below are an approximation and actual session times may vary.

08:30

Registration and Coffee

08:45

Welcome and Introduction

09:00

Fixed Income Products

  • French Government Debt

  • Spanish Government Debt

  • Italian Government Debt

  • Transactions Accepted in the LCH.Clearnet SA Clearing System

09:30

Trade Process

  • Client Account Structure
    Participant Services
    Segregation Possibilities
    Account Structure

  • Trade Management
    Referential services
    Trades integration function
    Trade netting process

10:30

Break

11:15

Settlement Management

  • Settlement instructions specificities

  • Fails management

Buy-in Process 

  • LCH Buy-in Timeframe & Characterisitics 
    Notifications

  • Buy-in process
    Cash Compensation calculation
    Rules

12:30

Questions and Answers

12:45

Lunch

14:15

Corporate Events Process

  • Management and processing of corporate actions

  • Type of corporate action (Coupon adjustment and Redemption)

15:15

Appendix

  • All available reports

  • Reading of available files

16:00

Questions and Answers

16:30

Close

For further details, please contact the Member Training team:

Telephone:   +33 (1) 7037 6760
Email: membership.fr@lchclearnet.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.