How It Works

Clearing operates through the TRS/CPS clearing system. Registration of matched transactions presented to LCH.Clearnet occurs intraday on a real time basis.

On receipt and confirmation of eligible transactions into the TRS/ CPS system, trades are governed under the rules of the LCH.Clearnet rulebook.

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

For further information, please contact the Customer Training team for a copy of the Nodal Exchange Reference Guide:

	Telephone:	+44 (0)20 7426 7586/3724
	Email:	trainingandeducation@lchclearnet.com