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Originating department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No 2484
Service Circular No:EquityClear/EDX 129
Date:25 June 2009
To:All EquityClear/EDX London Members

Margin Rate Changes

  1. 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 Thursday 02 July 2009, and consequently reflected in the first intra-day margin run on that day.

  2. Amendments have been made to EDX contracts.

  3. This circular supersedes LCH.Clearnet Ltd Circular No 2462: EquityClear/EDX 126 dated 14 May 2009.

  4. Details of the current OMS - II Parameters, for all EDX contracts, can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars > EDX. Alternatively details can also be found using the BOPC system.

  5. Members seeking further information in relation to this circular should contact the following:

    LCH.Clearnet LtdRisk Operations020 7426 7520

Christopher Jones

Director and Head of Risk Management

EDX Margin Rate Change Spreadsheet

Related Items

  • 2009-05-14 EDX
    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.