Amendments to LCH.Clearnet Ltd Rulebook further to NYSE Liffe Clearing Arrangements (formerly referred to as 'LiffeClear')

LCH.Clearnet Ltd is updating its Rulebook to cater for changes brought about by the new NYSE Liffe Clearing arrangements. Under the new clearing arrangements, LIFFE Administration and Management will replace LCH.Clearnet as central counterparty in respect of LIFFE Contracts from the proposed go-live date of 27 July 2009.

LCH.Clearnet will remain responsible for, amongst other things, the existing clearing guarantee arrangements and risk related functions. Further details of the new NYSE Liffe Clearing arrangements are set out in NYSE Liffe’s London Notice No. 3159 (http://www.euronext.com/fic/000/048/970/489704.pdf).

If you have any questions in relation to the NYSE Liffe Clearing arrangements please contact Richard Heyman on; 
0207 426 7293 or e-mail Richard.heyman@lchclearnet.com.

The amended Rulebook will come into effect upon implementation of the NYSE Liffe Clearing arrangements, such date is anticipated as 27 July 2009 but will be confirmed by a further member circular.

Please click below to view the amended Rulebook.

• Amended Default Rules

• Amended Default Fund Rules

• New NYSE Liffe Clearing Regulations

• Amended Settlement Finality Regulations