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Originating Department:Risk Management
Company Circular No:LCH.Clearnet Ltd Circular No. 2598
Service Circular No:LIFFE No. 732
Date:12 March 2010
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 LIFFE Financial contracts.

3. The changes will be going live on  Wednesday 17 March 2010 and will be reflected in margin calls on Thursday 18 March 2010.

4. This circular supersedes circular number LCH.Clearnet Ltd/ 2594 : LIFFE/ 731 dated 10 March 2010.

5. Details of the current London SPAN Parameters, for all LIFFE contracts, can be found on the LCH.Clearnet 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
LIFFENYSE Liffe Clearing020 7379 2824

Christopher Jones
Director and Head of Risk Management

Liffe Margin Rate Spreadsheet