| LCH circular number: | 4321 |
| Date: | September 09, 2024 |
| To: | All LCH Ltd EquityClear Clearing Members |
Dear EquityClear Clearing Member,
From October 1st, 2024, LCH Ltd will offer discounted pricing for the clearing and settlement of transactions identified as originating from “Retail Investors” (as will be defined on https://www.lseg.com/en/post-trade/clearing/lch-services/equityclear/equityclear-ltd/fees) which were executed on the order books of Recognised Investment Exchanges (RIEs) and Multilateral Trading Facilities (MTFs) authorised to submit trades to LCH Ltd for central clearing.
This will include zero fees on cleared trade sides and a discount on Euroclear Bank settlements for ETPs.
If you have any questions relating to this pricing then please contact: securitiesclientserviceLTD@lch.com
Yours Sincerely
Ivan Gilmore
Head of Cash Equities, LCH Ltd & LCH SA