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Originating Department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No. 2403
Service Circular No:LIFFE No. 679
Date:7 January 2009
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.

  2. Changes have been made to the Liffe Equities and Commodities.

  3. The Liffe Equities changes will be made effective from the close of business on Tuesday 13th January 2009 and will be reflected in margin calls on Wednesday 14th January 2009. The Liffe Commodities changes will be made effective from the close of business on Thursday 8th January 2009 and will be reflected in margin calls on Friday 9th January 2009.

  4. This circular supersedes circular number LCH.Clearnet Ltd/ 2399 : LIFFE/ 678 dated 23 December 2008.

  5. Details of the current London SPAN Parameters, for all LIFFE contracts, can be found on the LCH.Clearnet Ltd website (www.lchclearnet.com) under Risk Management > Ltd > Margin Rate Circulars.

  6. 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 Spreadsheet

Related Items

  • 2008-12-23 LIFFE
    LCH.Clearnet Ltd has, after consultation with LIFFE, revised the London SPAN parameters as marked in bold and italic on the attached document.