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Originating department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No. 2190
Service Circular No:LIFFE No. 633
Date:21 September 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 24 September and will be reflected in margin calls on Tuesday 25 September 2007.

  2. Amendments have been made to Coffee.

  3. This circular supersedes circular number LCH.Clearnet Ltd/ 2188 : LIFFE/ 632 dated 18 September 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

Christopher Jones 
Director and Head of Risk Management

LIFFE Margin Rate Change Spreadsheet

Related Items

  • 2007-09-18 LIFFE
    LCH.Clearnet Ltd has, after consultation with LIFFE, revised the London SPAN parameters as marked in bold and italic on the attached document.
  • 2007-09-25 LIFFE
    LCH.Clearnet Ltd has, after consultation with LIFFE, revised the London SPAN parameters as marked in bold and italic on the attached document.