14 January 2016 - London Stock Exchange Derivatives Margin Rate Circular
Report date
Summary
Originating department: |
Risk Management |
Circular No. |
LCH Circular No 3688 |
Service Circular No. |
LSE Derivatives Circular No 32 |
To: |
London Stock Exchange Derivatives Market Members |
Body
Updated Margin Rates
- LCH Ltd 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.
- Changes have been made to London Stock Exchange Derivatives contracts.
- The changes will be going live on Monday 18th January and will be reflected in margin calls on Tuesday 19th January.
- This circular supersedes circular number LCH Ltd. 3670; London Stock Exchange Derivatives Market dated 23rd October 2015.
- 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.
- London Stock Exchange Derivative Market Margin Change Spreadsheet
- For further Information please contract the following:
Operations and Client Servicing
+ 44 (0) 20 7426 7601
Nicholas Lincoln
Director, Market Risk