MARGIN RATE CHANGES FOR ENCLEAR CONTRACTS
- LCH Ltd has revised the London SPAN parameters as marked in bold and italic on the attached document.
- Changes have been made to EnClear Scanning ranges, Intermonth Spread Charges and Intercommodity Credits.
- The changes will be going live on Monday 20th June 2016 and will be reflected in margin calls on Tuesday 21st June 2016.
- This circular supersedes circular LCH Ltd. 3730; LCH EnClear dated 28th April 2016.
- Details of the current London SPAN Parameters, for all EnClear contracts, can be found on the LCH.Clearnet website (www.lch.com) under Risk Management > Ltd > Margin rate circulars.
- EnClear Margin Rate Spreadsheet
- For further information please contact the following: ETD Risk +44 (0)20 7426 7918
Director, Market Risk