Revisions to RepoClear Ltd Tariff Structure
Report date
Summary
LCH Circular No 3997
17th December 2018
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 with effect from 1 January 2019.
Repo Clearing Fee Structure
- The ad-valorem fee structure will be based on a single rate of 0.00375%, regardless of term;
- The processing fee for Sterling denominated trades will increase from £2.35 to £2.60
Processing Fee |
Current Fee |
New Fee |
Fee per Sterling denominated trade (£) |
2.35 |
2.60 |
Cash Bond Clearing Fee Structure
- The current registration fee will increase from 1.0 to 1.25 per million cash amount
Cash Bond Fee |
Current Fee |
New Fee |
Fee per million cash amount (€,£,$) |
1.0 |
1.25 |
The new tariff will be published on LCH website as of 1 January 2019 at the following link: https://www.lch.com/services/repoclear/repoclear-ltd/fees
For further information please contact RepoClear Ltd Sales & Relationship Management: RepoClearMembershipSales@lch.com