LCH.Clearnet expands presence in Australia

LCH.Clearnet, Europe’s largest clearing house has announced that Marcus Robinson has been appointed Head of SwapClear Australia. He has relocated to Sydney. In his new role Marcus will lead LCH.Clearnet’s next phase of expansion in Australia. He will work with local market participants to enhance SwapClear’s offering, including extending operational service hours.

A member of SwapClear’s Global Management Team, Marcus was previously based in LCH.Clearnet’s London office as Director of SwapClear Business Change. He joined the company in 2009 as Senior Manager OTC Clearing, Risk and Operations. Prior to joining LCH.Clearnet, he worked for JP Morgan in its investment banking and asset management divisions and the Commonwealth Bank of Australia in Sydney in the Financial Markets division. Marcus holds Australian citizenship.

Daniel Maguire, Global Head of SwapClear said: “Australia is an important component of our geographic expansion strategy in the Asia Pacific region. The relocation of Marcus, one of our senior executives, reflects our absolute commitment to the region. Marcus has been instrumental in our Australian business from the outset and his industry knowledge, experience and leadership skills will be essential to our continued growth. This new phase strengthens our ambitions to deepen relationships long-term with local and international firms to ensure we deliver the best Australian and regional support.”

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