LME Clear Proposed Rule Changes
Please see link below for the proposed LME Clear rule changes sent 24 November 2016. The proposed amendments are in respect of open offer, LME precious, flex and miscellaneous. Consultation ends 13 January 2017. Please see circular 16-039 for further details.
LME Clear Proposed Rule Changes - Mark up against current rulebook
LME Clear in addition also seeks the views of Members in relation to proposed amendments to the LME Clear Rules and Procedures to address the adequacy of the Default Fund Additional Margin Threshold. Please note that this is a separate consultation from the consultation on Open Offer and LMEprecious issued on 24 November 2016. The proposed amendments are shown in a mark-up of the Rules annexed in notice 17-008
17-008 Consultation on proposed amendments to the LME Clear Rulebook – Default Fund Buffer