Updated Margin Rates

Report date

Originating department:

Risk Management

Circular No.

LCH Circular No 3526


London Stock Exchange Derivative Market Members


Updated Margin Rates

  1. 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.  
  2. Changes have been made to London Stock Exchange Derivatives contracts.
  3. The changes will be going live on Monday 6th October and will be reflected in margin calls on Tuesday 7th October.
  4. This circular supersedes circular number LCH Ltd. 3500; London Stock Exchange Derivatives Market 14 dated 31stJuly 2014.
  5. 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.
  6. London Stock Exchange Derivative Market Margin Change Spreadsheet
  7. For further Information please contract the following:


    Operations and Client Servicing                        + 44 (0) 20 7426 7688


Nicholas Lincoln

Director, Market Risk