Updated Margin Rates
Report date
Summary
Originating department: |
Risk Management |
Circular No. |
LCH Circular No 3526 |
To: |
London Stock Exchange Derivative Market Members |
Body
Updated Margin Rates
- LCH Ltd has, after consultation with the London Stock Exchange Derivatives Market, revised the London SPAN parameters as marked in bold and italic on the attached document.
- Changes have been made to London Stock Exchange Derivatives contracts.
- The changes will be going live on Monday 6th October and will be reflected in margin calls on Tuesday 7th October.
- This circular supersedes circular number LCH Ltd. 3500; London Stock Exchange Derivatives Market 14 dated 31stJuly 2014.
- Details of the current SPAN Parameters, for all London Stock Exchange Derivatives contracts, can be found on the LCH website (www.lch.com) under Risk Management > Ltd > Margin rate circulars.
- London Stock Exchange Derivative Market Margin Change Spreadsheet
- For further Information please contract the following:
Operations and Client Servicing + 44 (0) 20 7426 7688
Nicholas Lincoln
Director, Market Risk