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 |
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.