| Market: | All |
| Products: | Derivatives |
| Date: | 12 March 2007 |
Intra-day Margin (IDM) Project: Go live date and update on daily schedule
Go live date
LCH.Clearnet is pleased to announce that the go live date, subject to definitive regulator approval on the threshold calculation methodology, is targeted on 30 March. We will publish threshold level as soon as we have got the formal approval.
Daily schedule update
During the testing period, members requested few adjustments on the intra-day Margin calculation schedule. After study we are happy to answer positively to this change that will be active on the production environment 19 March. Please, find below the updated time table.
| Session Number | Start Time | Session Qualification | Call Time |
| 1 | 09:45am CET | Without cover call | |
| 2 | 10:45am CET | Without cover call | |
| 3 | 11:45am CET | Without cover call | |
| 4 | 12:45am CET | Without cover call | |
| 5 | 01:45pm CET | With cover call | Before 02:45pm CET |
| 6 | 02:45pm CET | Without cover call | |
| 7 | 03:45pm CET | Without cover call | |
| 8 | 04:45pm CET | Without cover call | |
| 9 | 05:45pm CET | Without cover call |
Operational contact
During member consultation period, members suggested a one month special support from LCH-Clearnet after go live. To ensure it in the most efficient way, you are kindly invited to provide, before end of March, the name and phone number of the appropriate operational contact to the implementation manager: philippe.pedro@lchclearnet.com
Should you need further information, please contact:
your LCH.Clearnet Product Implementation Team:
Catherine Mollard + 33 (0) 1 70 37 66 57 – catherine.mollard@lchclearnet.com
Philippe Pedro +33 (0) 1 70 37 66 78 – philippe.pedro@lchclearnet.com
or your Local Relationship Manager.