Risk Management

Business Streams

 
Originating Department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No 2348
Service Circular No:LCH EnClear 231
Date:01 September 2008
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 / 2345; LCH EnClear / 230 dated 22 August 2008.

  2. Changes have been made to ICE contracts. The changes will take place with effect from close of business Monday 8 September 2008 and will be reflected in margin calls made on Tuesday 9 September 2008.

  3. Details of the current London SPAN Parameters, for all contracts, can be found on the LCH.Clearnet Ltd website (www.lchclearnet.com) by selecting ‘Limited’. Details can then be found under the ‘Risk & Margining’ section. Alternatively, details of margin rates are available on TRS under option 3 by inputting $Margin.

  4. For further information please contact the following:


  5. Risk Operations020 7426 7520


Christopher Jones

Director, and Head of Risk Management

EnClear Margin Rate Spreadsheet

Related Items

  • 2008-08-22 EnClear
    LCH.Clearnet Ltd has amended SPAN parameters, as highlighted in bold and italic in the attached document.
  • 2008-09-30 EnClear
    LCH.Clearnet Ltd has amended SPAN parameters, as highlighted in bold and italic in the attached document.