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May 13, 2013

SwapClear LLC Fees | Nice Price

LCH have published the price for membership of their new SwapClear LLC clearing service, at $250k per direct member.  This compares with a special ‘new joiner’ fee of £500k / $750k (plus volume fees) or the basic price of £1.5m / $2.25m per year for the base tariff, of the SwapClear Ltd Global service.

Perhaps the costs to the launch members of the LLC service including default contribution reflect this nice price for entry this year – buy now, it may not last.

LCH.Clearnet Group – Fees – LLC – SwapClear Fees.

 


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