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Originating department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No 2179
Service Circular No:LCH EnClear 180
Date:24 August 2007
To:All LCH EnClear Clearing Members

Margin Rate Changes for EnClear Contracts

  1. LCH.Clearnet Ltd has revised the London SPAN parameters as marked in bold and italic on the attached document.  This circular supersedes circular LCH.Clearnet/ 2168; LCH EnClear / 178 dated 27 July 2007.

  2. Changes have been made to Freight contracts.  These changes will take place with effect from close of business Friday 31 August 07 and will be reflected in margin calls made on Monday 3 September 07. 

  3. Details of the current London SPAN Parameters, for all EnClear contracts, can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars.

  4. For further information please contact the following:

Risk Operations020 7426 7520

Christopher Jones
Director, and Head of Risk Management

EnClear Margin Rate Change Spreadsheet

Related Items

  • 2007-07-27 EnClear
    LCH.Clearnet Ltd has revised the London SPAN parameters as marked in bold and italic on the attached document.
  • 2007-08-28 EnClear
    LCH.Clearnet Ltd has revised the London SPAN parameters as marked in bold and italic on the attached document.