| LCH circular number: | 4329 |
| Date: | October 24, 2024 |
| To: | EquityClear Ltd Members |
Dear EquityClear Clearing Member,
We would like to advise you of the forthcoming change to EquityClear Membership fees which will take effect from 1st January 2025. EquityClear will increase its membership fee by £5,000, from £25,000 to £30,000.
The change reflects the added value from the service with the upcoming release of the Equity Margin Calculator (EMC) to the Members, alongside continued investment in the award-winning MCCP technology platform..
LCH and its EquityClear service provide the global financial sector with a market leading clearing service. LCH has continually invested in its service and product offering including changes directed by member feedback and regulatory requirements.
EquityClear will continue to conduct periodic reviews of fees with the option of adjusting these in line with usage, inflation, platform and/or product enhancements and changes in costs incurred. This will allow us to continue to provide the level of service, product development and enhancements our members have come to expect.
If you have any comments or want to discuss any aspects of the changes in more detail, please contact your LCH representative or get in touch via LCHSales@lseg.com.
We thank you very much for your continued support and look forward to working with you in 2025 and beyond.
Kind Regards,
EquityClear Ltd