November 29, 2024

LCH Limited Rule Change Committee meeting dated 8 November 2024 - Proposed amendments to the LCH Limited rulebook

LCH circular number: 4332
Date: November 29, 2024
To: All LCH Limited clearing members

LCH Limited (“LCH”) is proposing amendments to its rulebook, following its Rule Change Committee meeting dated 8 November 2024.

The proposed LCH rulebook amendments are available within the LCH portal: 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 in the sub-folder “Rulebook”.

Rulebook Changes – Notification

Title Services Impacted
Item 198 - Removal of eligibility for GBP, CHF and JPY legacy
LIBOR, USD FRA, SGD SOR and THB THBFIX SwapClear transactions
SwapClear service
Rulebook Changes – Consultation – Three weeks
 
Title Services Impacted
Item 197 – ForexClear client default ForexClear service

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.