LCH Clearnet Cuts Margins for Trading Some Spanish, French Bonds
This article is for subscribers only.
LCH Clearnet Ltd., Europe’s biggest clearing house, reduced the extra deposit it demands from clients to trade some Spanish and French government bonds, it said today in a statement on its website.
The margin for trading Spain’s securities maturing in 10 to 15 years will drop to 16 percent from 18.35 percent as of the close of business on Feb. 5, according to the statement.