| Originating Department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2047 |
| Service Circular No: | LCH ICE Futures 330 |
| Date: | 29 June 2006 |
| To: | All LCH ICE Futures Clearing Members |
Margin Rates Changes for ICE Futures Contracts
- LCH.Clearnet Ltd has set SPAN parameters, as highlighted in bold and italic in the attached document. These changes will take place with effect from close of business Wednesday 05 July 2006 and will be reflected in margin calls made on Thursday 06 July 2006. This circular supersedes circular LCH.Clearnet/ 2033; LCH ICE Futures/ 328 dated 18 May 2006.
- Changes have been made to ICE Futures Contracts.
- 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
Andrew White
Director, Risk Policy