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| Originating Department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No 2861 |
| Service Circular No: | HKMEx No 001 |
| Date: | 16 May 2011 |
| To: | All LCH.Clearnet HKMEx Clearing Members
|
Margin Rate for Launch of HKMEx
LCH.Clearnet Ltd has set the London SPAN parameters as marked in bold and italic on the attached document for the USD Gold contract.
Details of the current London SPAN Parameters, for all HKMEx contracts, can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars.
- For further information please contact the following:
Risk Operations 020 7426 7520
Christopher Jones
Executive Director, and Head of Risk Management