| Originating Department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2017 |
| Service Circular No: | LCH ICE Futures 323 |
| Date: | 13 April 2006 |
| To: | All LCH ICE Futures Clearing Members |
Amendment to Margin Rates
- LCH.Clearnet Ltd has set SPAN parameters, as highlighted in bold and italic in the attached document, for the following new contracts:
- ICE Futures NYH Heating Oil Futures Contract
- ICE Futures NYH Unleaded Blendstock (RBOB) Futures Contract
- The above SPAN parameters will take effect close of business Friday 21 April and will be reflected in margin calls made on Monday 24 April This circular supersedes circular LCH.Clearnet/ 2010; LCH ICE Futures/ 321 dated 4 April 2006.
- Details of the current London SPAN Parameters, for all ICE Futures 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.
- For further information please contact the following:
Risk Operations 020 7426 7520
Christopher Jones
Director and Head of Risk Management
ICE Futures Margin Rate Spreadsheet