27 September 2016 - EquityClear Margin Rate Circuar
Report date
Summary
Originating department: |
Risk Management |
Circular No. |
LCH Circular No 3788 |
Service Circular No. |
EquityClear Circular No 55 |
To: |
EquityClear Members |
Body
Updated Margin Rates
- LCH Ltd has, revised the EquityClear Margin parameters. New Margin parameters can be found within the attached document.
- Changes have been made to EquityClear contracts.
- The changes will be going live on Tuesday 27th September and will be reflected in margin calls on Wednesday 28th September.
- This circular supersedes LCH Ltd Circular number 3772; EquityClear Circular number 54; dated 15th August 2016.
- Details of the current ERA Parameters, for all EquityClear contracts, can be found on the LCH website (www.lch.com) under Risk & Collateral Management > Margin Data & Public Files > LCH.ERA Risk Parameter Files.
- EquityClear Margin Rate Spreadsheet
- For further Information please contact the following: ETD Risk: 44 (0) 20 7426 7918
Nicholas Lincoln
Director, Market Risk