Business Streams

How It Works - LCH.Clearnet SA

Clearing operates through the Derivatives Clearing System. Trades are matched on the Euronext platforms, registration of matched transactions presented to LCH.Clearnet occurs on a real time basis.

The Derivatives Clearing System is open for the registration of trades between 07.30 CET and 20.00 CET.

On receipt and confirmation of eligible transactions into the Derivatives Clearing System, trades are governed under the rules of the LCH.Clearnet SA rulebook.

Once the positions at the end of the trading day have been determined, LCH.Clearnet calculates the premiums, initial margin and variation margin to be paid or received by each clearer. After the exercise/assignment of products for cash settlement, an amount is to be received or paid by the CMF.

Members of Euronext and LCH.Clearnet are eligible to clear products subject to approval. More information on becoming a member can be found here.

Contacts

LCH.Clearnet SA

Nicolas Ribolowsky - Client Relations Manager  

Tel: +33 (0)1 70 37 67 03
e-mail: nicolas.ribolowsky@lchclearnet.com

Kees Toussain  - Client Relations Manager  

Tel: +31 (0)20 524 5974
e-mail: kees.toussain@lchclearnet.com

Delphine Feyrit - Head of continental Listed Derivatives

Tel: + 33 (0)1 70 37 65 67
email: delphine.feyrit@lchclearnet.com