19 January 2016 - EquityClear Margin Rate Circular
Report date
Summary
Originating department: |
Risk Management |
Circular No. |
LCH Circular No 3690 |
Service Circular No. |
EquityClear Circular No 44 |
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 Monday 18th January and will be reflected in margin calls on Tuesday 19th January.
- This circular supersedes LCH Ltd Circular number 3678; EquityClear Circular number 40; dated 20th November 2015.
- 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 contract the following:
Operations and Client Servicing + 44 (0) 20 7426 7601
Nicholas Lincoln
Director, Market Risk