NOTICE MARGIN PARAMETERS

NOTICE MARGIN PARAMETERS            

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:                    

• Launch of new Weekly Option contracts on Gemalto and TomTom stocks, starting on 15 May 2015.
• Update of the parameters impacting the Euronext Southern European Banks Index (FSB).

These parameters shall come into effect with the margin call on the morning of 13 May 2015 for the positions at the close of 12 May 2015.

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.CLEARNET web site: 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