|Originating department:||Risk Management|
|Company Circular No:||LCH.Clearnet Ltd Circular No 3142|
|Service Circular No:||RepoClear: 185|
|Date:||25 April 2012|
|To:||All RepoClear Clearing Members|
LCH.Clearnet Ltd has revised the London SPAN parameters for RepoClear.
These changes shall come into effect from the close of business on Wednesday 2nd May and will be reflected in margin calls on Thursday 3rd May.
The margins in this circular supersede margins in any previous circular; click here for previous circular.
Details of the LCH.Clearnet Ltd RepoClear Circular can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars > RepoClear.
For further information please contact:
LCH.Clearnet Ltd Risk Operations +44 (0)20 7426 7520