CCP Clearing Tariffs

EMCF Clearing Tariff

With effect from 1st June 2009, EMCF introduced a choice between the existing flat fee per execution and a flat fee per order. All clearing fees are stated in Euros.

Market Per Trade Fee Per Order Fee
UK  0.03  0.05
Rest of Europe   0.05  0.07
Internal / Self trades  0.03  0.05 / 0.07
EMCF Settlement Related Fees
Domestic Settlement Charges are passed through on a cost recovery basis Not for Profit
EMCF - Non Transaction Related Fees
Application & membership  No Charge
Banding Fee/Prepayment  Not Applicable
File Reporting  No Charge 
Clearing Line Fee  No Charge 
Risk Management No Charge 

Link to EMCF fees & penalties

LCH.Clearnet Ltd Clearing Tariff

LCH EquityClear fees effective from 1st July 2009

Trades from 0 10,001 20,001 40,001  60,001 80,001  100,000+ 
Price 10p 7p  5p 4p  3p  2p  1p 

Gross transaction pricing based on a trade through model of average daily volume per member.

LCH Settlement Related Fees
Domestic Settlement Charges are passed to members on a cost recovery basis Not for Profit

LCH Non-Transaction Related Fees  
Membership (one off joining fee)                                               £1500

Link to LCH EquityClear fees