NOTICE MARGIN PARAMETERS

Report date
Summary

Originating Department

 Risk Management

 Company Circular No:

 RISK NOTICE 2014-99

Body

LCH SA sets the margin parameters 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:

  • Introduction of 4 Single Stock Dividend Futures (tradable date to be communicated later on).

  • Introduction of 4 new contracts on rapeseed, beginning on 14 November 2014:

    • Options and futures on rapeseed oil

    • Options and futures on rapeseed meal

  • The Regular Initial Margin on equity derivatives.

These parameters shall come into effect with the margin call on the morning of 7 November 2014 for the positions at the close of 6 November 2014.

Please click here to view the margin parameters

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.

We remind you, that all information about LCH SA risk management department is available on our web site : www.lch.com

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