Margin Calculator
RepoClear Margin Calculator
The RepoClear Margin Calculator is a rest API tool that helps our members monitor their margin requirements in regards to their trades cleared at LCH. Access to the tool is included with the RepoClear Clearing Membership.
The RepoClear Margin Calculator can be utilised in two ways to calculate margin, by API call or by simulated trades. To maintain the effective performance of the tool, additional fees will apply if the usage of the margin calculator exceeds the fair usage threshold (set out below).
Fair Usage Thresholds
Usage Fees
| LCH Ltd Charge per call above threshold | LCH SA charge per call above threshold | |
|---|---|---|
| API calls | £0.1 | €0.1 |
| Hypothetical trades in simulation | £0.001 | €0.001 |
Please contact our sales team (rcsales@lch.com) for more information.
Data
Clearing Member Reporting Access for Third Party Vendors
The fees associated with third party vendors that have been appointed by a clearing member to access their reporting applications on behalf of the clearing member, in accordance with the Third Party Access Agreement and the Request Form. Fees are payable by the third party vendors and are invoiced monthly in arrears.
| Clearing Service | Monthly Fee per Clearing Member |
|---|---|
| CDSClear | € 1,200 |
| RepoClear | € 1,200 |
There is a one-off on boarding fee of €30,000 for each clearing service provided by LCH SA to the third party vendor (to the extent it has not already paid under a prior request form between the parties for that clearing service).
Settlement Monitor
Settlement Monitor is an analytics tool for settlements in the Repo market, providing 360-degree visibility and control across all your upstream trading venues and downstream settlement locations, allowing for meaningful analysis of settlements and fails.
The key benefits of Settlement Monitor include:
Real-time dashboards across fails and settlement activity
Access to an integrated solution providing trends, benchmarking and performance indicators
Digitised operational solution that gives users control and optimised solutions to reduce operational cost (e.g. CSDR penalties).
Usage Fees
LCH RepoClear SA provides free access to the Settlement Monitor GUI for up to ten users per Clearing Member until June 2026. If you require more than 10 users, please reach out to RepoClear SA CSM. Settlement Monitor is also available in API, giving you full integrated access. API access will be charged at €30,000 per annum.