| LCH circular number: | 4375 |
| Date: | 2 April 2026 |
| To: | All LCH Limited clearing members |
The Rule Change Committee of LCH Limited (“LCH”) is proposing amendments to the LCH rulebook following the LCH Legal and LCH Compliance monthly meetings on 15 January 2026, 19 February 2026 and 19 March 2026. These proposed amendments are available within the LCH Portal Knowledge Centre at the following location: LCH – General Ltd – Member > Rulebook.
Rulebook amendments – member notification
| Title | Impacted Service |
| Item 217 – Guaranteed Sponsored Clearing 0 hours resignation and partial funding | Guaranteed Sponsored Clearing Service |
| Item 221 – Listed Rates ancillary changes | Listed Interest Rates Service |
| Item 215 - Removal of separate provisions for settlement failures in Iberclear and corrections in list of Stock SSI | EquityClear Service |
Rulebook amendments – member consultation – two weeks
| Title | Impacted Service |
| Item 218 – Fractional porting | SwapClear, ForexClear, EquityClear and RepoClear Service |
| Item 219 – ForexClear options (expiry and exercise) | ForexClear Service |
Rulebook amendments – member consultation – four weeks
| Title | Impacted Service |
| Item 222 – Minimum cash requirement | All Services |
| Item 214 – ForexClear Select Clearing Member | ForexClear Service |
Clearing members that wish to comment on the proposed LCH rulebook amendments should email rulebook@lch.com. If you have any general questions on LCH rulebook amendments, please contact your usual LCH contact. Please note that all LCH rulebook amendments remain subject to regulatory approval and internal LCH risk approval.