| Originating department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2095 |
| Service Circular No: | EquityClear/EDX 080 |
| Date: | 30 November 2006 |
| To: | All EquityClear/EDX London Members |
New EDX Russion Derivatives
LCH.Clearnet Ltd has, after consultation with EDX London Limited (EDX), revised the margin parameters as marked in bold and italic on the attached document. The new rates will be effective as of Monday 18 December 2006, and consequently reflected in the first intra-day margin run on that day.
LCH.Clearnet Ltd has set new OMS - II parameters, as highlighted in bold and italic in the attached document.
This circular supersedes LCH.Clearnet Ltd Circular No 2095: EquityClear/EDX 080 dated 30 November 2006.
Details of the current OMS - II Parameters, for all EDX contracts, can be found on the LCH.Clearnet Group website (www.lchclearnet.com) under the ‘Risk & Margining’ section. Alternatively details can also be found using the BOPC system.
Members seeking further information in relation to this circular should contact the following:
LCH.Clearnet Ltd Risk Operations 020 7426 7520
Andrew White
Director, Risk Policy