Risk Management

Business Streams

 
Originating Department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No 2475
Service Circular No:LCH EnClear 254
Date:5 June 2009
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 / 2468 LCH EnClear / 253dated May 28 2009.

  2. The changes will take place with effect from close of business Monday 8 June 2009 and will be reflected in margin calls made on Tuesday 9 June 2009.

  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 Operations 020 7426 7520


Christopher Jones

Director, and Head of Risk Management

EnClear Margin Rate Spreadsheet

Related Items

  • 2009-05-28 EnClear
    LCH.Clearnet Ltd has amended SPAN parameters, as highlighted in bold and italic in the attached document.