NOTICE MARGIN PARAMETERS ON FINANCIAL LISTED DERIVATIVES

LCH SA sets the margin parameters on financial listed derivatives for the SPAN® algorithm pursuant to the Instruction IV.2-2 and the thresholds on additional margin requirement, pursuant to the Article 4.2.0.3 regarding additional margins.

This notice concerns:

• Launch of 1 new o'class on BRUNEL INTERNATIONAL NV (Equity options PF: BIO) effective on 19th May 2016     
• Launch of 1 new o'class on KON KPN NV (Equity options PF: KPX) effective on 24th May 2016

These parameters shall come into effect with the margin call on the morning of 25th May 2016 for the positions at the close of 24th May 2016.

The Clearing Members shall require margins from Clients and Trading Members on the basis of principles defined in Article 4.2.0.6 of the clearing Rule Book.

The Clearing Members shall require margins from Clients and Trading Members on the basis of principles defined in Article 4.2.0.6 of the clearing Rule Book.     

These parameters are applied as part of the SPAN® methodology available on the LCH website:  

http://www.lch.com/risk-collateral-management/margin-methodology/sa-derivatives

Please click here to view the margin parameters

For further information please contact:     
Margin Management | LCH | Tel +33 170 37 65 16     
Email: margin.fr@lch.com     
Website: www.lch.com