Director of exchange and commodity derivatives for LCH
Clearnet (LCH-C), Richard Heyman, told delegates at derivatives
week in London last week that his firm was undertaking an
overhaul of its fee structure which would result in
"significant" cost reductions for customers.
Heyman explained that the changes were part of a first wave
of reviews at the clearinghouse which would see the
organisation examine most business areas, including billing and
member deposits. He said the proposed changes to fees were
intended to create a simpler structure.
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