Business Streams

 
Company Circular No:LCH.Clearnet Ltd Circular No 3189
Date:21 August 2012
To:All Clearing Members

Gold as Collateral Acceptable for Margin Cover Purposes

From 28 August 2012 unallocated Gold (Loco London) will be accepted by LCH.Clearnet Limited (LCH.Clearnet) as collateral for margin cover purposes. 

This addition to acceptable margin collateral will be subject to the following criteria;

Contacts:

Approval process: Membership – Email: membership@lchclearnet.com  Tel: +44 (0)20 7426 7949

Collateral lodgement and member reporting: Treasury Operations - E-mail: teamcollateral@lchclearnet.com Tel:  +44 (20) 7426 7593

Risk Management: E-mail: CaLRM@lchclearnet.com   Tel: +44 (20) 7426 7098/7485

Andrew Howat
Group Head, Collateral and Liquidity Management