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Originating department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No. 2137
Service Circular No:LIFFE No. 618
Date:12 April 2007
To:All LIFFE Clearing Members

LIFFE Margin Rate Changes

  1. LCH.Clearnet Ltd has, after consultation with LIFFE, revised the London SPAN parameters as marked in bold and italic on the attached document. These changes will be made effective from the close of business on Monday 16th April 2007 and will be reflected in margin calls on Tuesday 17th April 2007.

  2. Amendments have been made due to the introduction of twelve new Portuguese Equity Futures contracts on Bclear.

  3. This circular supersedes circular number LCH.Clearnet Ltd/ 2135 : LIFFE/ 617 dated 29th March 2007.

  4. Details of the current London SPAN Parameters, for all LIFFE contracts, can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars > LIFFE. Alternatively using TRS select menu option #3 and input $MARGIN.

  5. Members seeking further information in relation to this Circular should contact one of the following:

    LCH.Clearnet LtdRisk Operations020 7426 7520
    LIFFEMarket Operations020 7379 2824

Andrew White
Director, Risk Policy

LIFFE Margin Rate Change Spreadsheet

Related Items

  • 2007-03-29 LIFFE
    LCH.Clearnet Ltd has, after consultation with LIFFE, revised the London SPAN parameters as marked in bold and italic on the attached document.
  • 2007-05-01 LIFFE
    LCH.Clearnet Ltd has, after consultation with LIFFE, revised the London SPAN parameters as marked in bold and italic on the attached document.