Revisions to RepoClear Ltd Tariff Structure
Report date
Summary
Circular No. |
LCH Circular No 3954 |
Date: |
1st June 2018 |
To: |
All RepoClear Ltd Members |
Body
Dear RepoClear Ltd Member
Please be advised of the following changes we are making to the RepoClear Ltd tariff structure as from 1 July, 2018.
Specific Collateral Failed Settlement Charges
For each business day a member fails to deliver bonds to LCH Ltd RepoClear, the following increased charges will apply:
- Belgian securities: €40 per intended settlement from €20 per intended settlement
- UK Gilts: £35 per intended settlement from £3.75 per intended settlement
- All other securities: €40 or $47 per intended settlement from €20 or $20 per intended settlement
The new tariff will be published on LCH website as of 1 July, 2018 at the following link: https://www.lch.com/services/repoclear/repoclear-ltd/fees
For further information, please contact RepoClear Ltd Relationship Management: RepoClearMembershipSales@lch.com