Business Streams



LCH.Clearnet provides an independent clearing service for OTC Coal swaps and option contracts settled against API 2 cif ARA (Argus/McCloskey) and API 4 Richards Bay (Argus McCloskey) index prices.

Approved Brokers have open and equal access to the service and can register their OTC brokered trades with LCH.Clearnet for clearing through a clearing member of LCH.Clearnet.

The service launched in September 2010 with strong support from the coal trading community. LCH.Clearnet is committed to working closely with the industry to ensure that our offering reflects the ongoing needs of the marketplace.

Margin Information

Current margin rates

09/04/2014 - Margin rate circular

Rules and Regulations

Section 2E - LCH EnClear


Isabella Kurek-Smith - Director, Head of Energy and Freight

Tel: + 44 (0)20 7426 7460

David Barnes - Manager, Energy and Freight

Tel: + 44 (0)20 3197 4572