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| Company Circular No: | LCH.Clearnet Ltd Circular No 3302 |
| Service Circular No: | LME Circular No 461 |
| Date: | 15 May 2013 |
| To: | All LME Clearing Members |
Changes to the LME fees schedule
LCH.Clearnet Limited (LCH.Clearnet) has and continues to make significant investment to finance increasing risk capital, achieve regulatory compliance and provide enhanced Risk Management services.
These investments have made it necessary for LCH.Clearnet to review current LME pricing and implement a tariff increase.
The current registration fee will increase from five pence per lot to fifteen pence per lot, effective 1st June 2013 and until further notice. This change will impact all LME clearing members.
Should you have any questions please contact your member service representative.
We thank you for your continued support.
Alberto Pravettoni
CEO Repo and Exchanges.