April 24, 2024

LCH Limited (“LCH”) Rule Change Committee of 23 April 2024 - Proposed Changes to the LCH Rulebook

LCH circular number: 4302
Date: April 24, 2024
To: All LCH Limited Clearing Members 

LCH is proposing the following rulebook changes following its Rule Change Committee meeting on 23 April 2024, which rulebook changes are available on the LCH portal at https://clearingservices.lch.com/portal/login. Please look in the Document Library within the Knowledge Centre section of the LCH portal under the folder “LCH – General Ltd – Member” and then the sub-folder “Rulebook”.

Rulebook Changes – Member Notification

Title Impacted services 

Item 176 - Registration time (fixes)

Item 183 - MXN-TIIE and ZAR-ZARONIA

Item 185 - Co-CCP - Removal of website eligibility

Item 186 - Removal of BSBY eligibility

Item 187 - Removal of CAD CDOR eligibility

All services

SwapClear

EquityClear

SwapClear

SwapClear

Rulebook Changes – Member Consultation – Two week period  

Title Impacted services 
Item 184 - Impact on netting or risk management SwapClear

Clearing members that wish to comment on the proposed rulebook changes should email rulebook@lch.com. If you have any general questions on rulebook changes, please contact your usual LCH contact. Please note that all rulebook changes remain subject to regulatory approval and internal LCH risk approval.