28 November 2013 - NLX Margin Rate Circular
Report date
Summary
| Company Circular No: |
LCH.Clearnet Limited Circular No 3381 |
| Service Circular N0: | NLX Circular No 1 |
| To: | All NLX Clearing members |
Body
Margin Parameter Update
Recalibration of NLX margin parameters
In order to ensure LCH Ltd compliance with EMIR RTS Article 28, a recalibration of the NLX margin parameters will take effect from the margin call of the morning of 16th December 2013. The effect of the parameter change will increase initial margins by up to 25%.
Should you have any questions please contact Risk Operations at risk.operations@lch.com