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
| Originating Department: | Risk Management |
| Company Circular No: | LCH.Clearnet Ltd Circular No. 2655 |
| Service Circular No: | NYSE Liffe No. 747 |
| Date: | 15 July 2010 |
| To: | All NYSE Liffe Clearing Members |
NYSE Liffe Margin Rate Changes
1. LCH.Clearnet Ltd has, after consultation with NYSE Liffe, revised the London SPAN parameters as marked in bold and italic on the attached document.
2. Changes have been made to Equity and Commodity contracts. Also included are the following new contracts:
MSCI EAFE Ex Israel
MSCI World Ex Israel
MSCI Japan
MSCI All Countries Asia Ex Japan
3. The changes will be going live on various dates starting on 16 July 2010. This circular supersedes circular number LCH.Clearnet Ltd/ 2652 : LIFFE/ 746 dated 9 July 2010.
4. Details of the current London SPAN Parameters, for all NYSE Liffe contracts, can be found on the LCH.Clearnet website (www.lchclearnet.com) under Risk Management > Ltd > Margin rate circulars.
5. Members seeking further information in relation to this circular should contact one of the following:
| LCH.Clearnet Ltd | Risk Operations | 020 7426 7520 |
| NYSE Liffe | NYSE Liffe Clearing | 020 7379 2824 |
Christopher Jones
Director and Head of Risk Management