Explore the Archive
- Risk Notices Ltd
- Risk Notices SA
- Default Fund Notices SA
- Circulars
- Flash infos Bonds & Repos
- Flash infos Derivatives
- Flash infos Equities
- Flash infos Other
- Fixed Income Notices Ltd
- Legal Notices SA
- Membership Notices SA
- General Information
- General Member Meetings
- Press Releases
- SA Completion of Application Documentation
- SA Clearing Specifications
- SwapClear Legal Documentation
| Company Circular No: | LCH.Clearnet LLC Circular No 8 |
| Date: | 07 August 2013 |
| To: | All LLC Clearing Members |
LCH.Clearnet LLC Acceptable Collateral Haircut Review
The LCH.Clearnet LLC (LCH.C) CaLM Risk department has undertaken a review of the haircuts applied to member margin non cash collateral.
Changes to the haircuts resulting from this review will be made effective from the close of business on Friday 16 August 2013 and can be viewed here.
Clearing Members are advised that the minimum term to maturity has been updated for some acceptable countries.
LCH.C continues to reserve the right to use its discretion in all circumstances and, in particular, around areas of specific concentration in securities received as margin collateral, including ‘wrong-way’ risk.
Clearing Members seeking further information in relation to this circular or confirmation of acceptable collateral should contact one of the following:
Collateral Operations
Tel: +1 212 513-5642
E-mail: [email protected]
CaLM Risk
E-mail: [email protected]