September 2005
Intermediate to advanced
272 pages
9h 8m
English
Content preview from Clearing and Settlement of Derivatives
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Futures processing 63
Procedures’. One of the key stipulations is that LCH.Clearnet proce-
dures must be read in conjunction with the rules of the exchange.
The exchange rules and administrative procedures will always take
precedence in cases of conflict.
LCH.Clearnet defines its delivery procedures, some of which are
common to all contracts which LCH.Clearnet clears. These address
issues such as:
• Nomination of Transferors and Transferees.
• How tendered lots are to be allocated to receiving members.
• House and client accounts are always treated separately.
• Making the EDSP available on the Clearing Processing ...
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