Monetary Authority of Singapore grants status of Recognised Clearing House to LCH.Clearnet
International clearing house LCH.Clearnet Ltd today announced that it has formally received the status of Recognised Clearing House by the Monetary Authority of Singapore (MAS). The status covers LCH.Clearnet’s EnClear (Freight Division), ForexClear and SwapClear services. At present, LCH.Clearnet clears Singapore Dollar-denominated interest rate swaps as well as commodities futures, including freight, iron ore, and…
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