Treatment of IMM CAD SwapClear Contracts
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LCH circular number: |
4318 |
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Date: |
July 15, 2024 |
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To: |
All SwapClear users |
Further to LCH Circular No 4316 [1], the LCH amendment process with respect to “IMM CAD” SwapClear Contracts will occur on 25 July 2024 [2].
With regards to the treatment of such SwapClear Contracts, LCH will implement the approach articulated in LCH Circular No 4308 [3].
If you have any questions, or if you require further information, please do not hesitate to contact RatesClientServices@lch.com and lchsales@lseg.com.
[2] “SwapClear Contract” includes an “FCM SwapClear Contract” for the purposes of this circular. SwapClear Contract and FCM SwapClear Contract have the meaning assigned to them in the General Regulations and FCM Regulations, respectively, which are available at https://www.lch.com/resources/rulebooks/lch-limited.