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. 2814 |
| Service Circular No: | NYSE Liffe No. 775 |
| Date: | 21 March 2011 |
| To: | All NYSE Liffe Clearing Members |
NYSE Liffe Margin Rate Changes
LCH.Clearnet Ltd has, after consultation with NYSE Liffe, revised the London SPAN parameters as marked in bold and italic on the attached document.
Changes have been made to NYSE Liffe Financials and Commodities.
The changes to Commodities will be going live on Tuesday 22 March 2011 and will be reflected in margin calls on Wednesday 23 March 2011.
The changes to Financials will be going live on Wednesday 23 March 2011 and will be reflected in margin calls on Thursday 24 March 2011.
- This circular supersedes circular number LCH.Clearnet Ltd. 2811; LIFFE/ 774 dated 16 March 2011.
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.
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
Executive Director, Head of Risk Management