LCH.Clearnet and Euroclear Bank Service To Manage Margin Obligations

Euroclear Bank and LCH.Clearnet have jointly announced that LCH.Clearnet members can now pledge securities through Euroclear Bank’s tri-party collateral management service to cover their margin obligations with LCH.Clearnet. LCH.Clearnet will continue to manage margin requirements for its members, with Euroclear Bank serving as a neutral agent to optimise the use of collateral for mutual clients. The Euroclear Bank service provides exposure matching, collateral allocation and mark-to-market valuations, margin calls and securities substitutions. The service covers transactions for which LCH.Clearnet acts as central counterparty in equity and commodity derivatives, fixed income and swaps.

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