02 October 2015- EquityClear Margin Rate Circuar

Report date
Summary

Originating department:

Risk Management

Circular No.

LCH Circular No 3525
To: EquityClear Members
Body
  1. LCH Ltd has, revised the Margin parameters as per the attached document.  
  2. Changes have been made to EquityClear contracts.
  3. The changes will be going live on Monday 6th October and will be reflected in margin calls on Tuesday 7th October.
  4. Details of the current ERA Parameters, for all EquityClear contracts, can be found on the LCH website (www.lch.com) under Risk Management > Ltd > Margin rate circulars.
  5. EquityClear Margin Rate Change Spreadsheet
  6. For further Information please contract the following:

 Operations and Client Servicing: + 44(0) 207 426 7601

Nicholas Lincoln

Director, Market Risk