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Originating department:Treasury Operations
Company Circular No:LCH.Clearnet Ltd Circular No 3273
Date:22 March 2013
To:All Clearing Members and PPS Banks

LCH.Clearnet Ltd Opening - Good Friday 29 March 2013

Further to circular number 3250, Clearing Members are advised that SwapClear will now be closed on Good Friday.  The service opening table below has been amended to reflect this change.
The following changes also apply:

Margin Calls

Margin calls from close of business on Thursday 28 March 2013:

ForexClear will be open for business as usual on Friday 29 March 2013 and Monday 1 April 2013 and will be subject to the normal business day processes, including intraday margin calls and deadlines as detailed in our Rules and Regulations.

SwapClear and Nodal will be open for business as usual on Monday 1 April 2013 and will be subject to the normal business day processes, including intra-day margin calls and deadlines as detailed in our Rules and Regulations.

Reporting

Banking reports from close of business on Thursday 28 March 2013:

Reports are available on the member reporting website for five business days.

SERVICE OPENING TABLE

2013-01-16 LCH.Clearnet Ltd Opening Days 2013

The red columns denote days on which LCH.Clearnet is closed.  

1 Except for those currencies where holidays apply and any day 2 currencies.

Further information

If you have any queries, please contact the Treasury Operations department by phone on 020 7426 7505 or by email at [email protected].