| LCH circular number: | 4228 |
| Date: | September 28, 2022 |
| To: | All LCH Ltd Members |
As per Circular 4227 - LCH Ltd (LCH) can confirm that the committee’s review has been completed. Full details have now been published in the fees section of LCH website.
As a reminder, LCH may review rates applied to cash balances more frequently if required. LCH may change LDR with 3 days’ written notice and CDR with 2 weeks’ written notice.
Collateral Substitutions
LCH may require up to 10 business days’ notice for substitutions of collateral (cash collateral versus non-cash collateral and cash versus cash collateral) in excess of £50mm until further notice.
The above applies to both Clearing Members' house and Client business.
If you require any further information or have any questions please contact:
Collateral Client Services
Collateral.ClientServices@lch.com