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 NYSE Liffe Financial contracts.  Also included are the new margin rates for additional NYSE Liffe Equity contracts shown below:

• Ackermans & Van Haaren

• Alliance Oil Company Ltd.
• Befimmo S.C.A.

• Biomerieux
• Beneteau

• CFAO

• EDF Energies Nouvelles S.A.

• Etablissements Maurel et Prom

• Faurecia

• GEM Diamonds Ltd.

• IPSEN

• Nexity

• Orpea

• Petrofac Ltd.

• Rexel S.A.

• Remy Cointreau

• RusHydro

• SEB S.A.

• SuperGroup Plc.

• Telenet Group Holding N.V.

• Uralkali

• VTB Bank O.J.S.C..

3. The Financial contract changes will be going live on Thursday 5 August 2010 and will be reflected in margin calls on Friday 6 August 2010. This circular supersedes circular number LCH.Clearnet Ltd/ 2655 : LIFFE/ 747 dated 15 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:
 

Christopher Jones

Director and Head of Risk Management

NYSE Liffe Margin Rate Spreadsheet