Corentine Poilvet-Clediere, Head of RepoClear, Collateral and Liquidity, LCH SA, said: It’s a great milestone to welcome CBA as the first Australian member of LCH SA. RepoClear SA has been gaining increasing traction in regions outside Europe, with members joining from Japan, Canada and now Australia. Banks such as CBA play a key role in…
Read more
According to the official announcement, the improved IT infrastructure will enable the clearing of 10 million trade legs per day. The SIX is expecting an increase in the number of cleared trades in the future. Roland Chai, Executive Vice President and Head of Market Infrastructure Technology, Nasdaq Market Technology, added: This demonstrates Nasdaq´s ability to…
Read more
Global clearing house LCH has just announced that 2019 was another record year for volumes across multiple asset classes. Activity in its OTC derivatives and fixed income clearing services as well as its SwapAgent franchise exceeded 2018’s volumes. Daniel Maguire, CEO, LCH, and Group Director, Post Trade, London Stock Exchange Group, commented: 2019 has been…
Read more
More news from Singapore today, as Singapore Exchange (SGX) has just announced that it has added Orient Futures International (Singapore) Pte. Ltd. as a Trading and Clearing Member to its derivatives market. SGX’s derivatives market now has 65 Trading Members and 26 Clearing Members. Orient Futures International is a wholly owned subsidiary of Orient Futures Co.,…
Read more
The National Clearing Centre (NCC), a Moscow Exchange Group company, has announced that it has obtained clearing membership on the Shanghai Gold Exchange (SGE). The exchanges signed an MoU back in April 2018 and a MoU on cooperation in gold trading signed by the Bank of Russia and the People’s Bank of China in September…
Read more
Global clearing house LCH announced that they have just added Mizuho Securities Co., Ltd to their members list. Mizuho is the first Japanese financial institution to access LCH SA’s Euro debt clearing services as a member of RepoClear. The financial institution will now have access to the largest netting pool of Euro-denominated debt and will…
Read more
TriOptima, the infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, has just announced that it has completed the first cleared inflation swap compression run at LCH SwapClear. The compression run was completed on July 19 with Euro cleared inflation swaps being compressed through the triReduce service. TriOptima will go live with…
Read more
Global clearing house LCH announced that Bank of China (UK) Limited, Bank of China’s UK entity, has gone live as a clearing member of LCH’s SwapClear. Bank of China is LCH's first clearing member from a Chinese banking group. The Bank will now have access to clearing of interest rate derivatives at LCH and will…
Read more
Deutsche Börse announced earlier today that the transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, Barclays (LON:BARC), has joined EurexOTC Clear to support Eurex in expanding its distribution network in the U.S. Barclays is now the first European bank to offer Eurex’s OTC…
Read more
Traiana, a trade life-cycle and risk management solutions provider, just announced that it has provided direct central clearing connectivity to Eurex, part of Deutsche Börse Group. This connectivity agreement is well-timed for market participants keen to use our services to consolidate their OTC clearing processes and benefit from an increase in clearing activity at Eurex,"…
Read more