LCH appoints Corentine Poilvet-Clediere Head of RepoClear and Collateral Management LeapRate

January 24, 2019 BY Valentina Kirilova

LCH appoints Corentine Poilvet-Clediere Head of RepoClear and Collateral Management

Global clearing house LCH has announced that Corentine Poilvet-Clediere has been named Head of RepoClear and Collateral Management, LCH SA, effective immediately. She will be responsible for LCH SA’s euro-denominated debt and repo clearing service, RepoClear, as well as the clearing house’s collateral management function. Corentine Poilvet-Clediere previous work places include London Stock Exchange Group, CDSClear…

LCH SwapAgent completes its first trades compression

January 09, 2019 BY Valentina Kirilova

LCH SwapAgent completes its first cross-currency swap compression

LCH SwapAgent has just announced that €4.5 billion in notional of trades registered in LCH SwapAgent were successfully compressed in TriOptima’s multilateral USD/EUR cross-currency swap compression cycle. Compression is the process by which members can eliminate offsetting trades to reduce notional outstanding and the number of line items in a portfolio. Capital requirements such as…

LCH ForexClear reduces notional outstanding by $4.5b through NDF clearing service

November 16, 2018 BY Valentina Kirilova

LCH SwapAgent completes its first swaption trade

LCH SwapAgent, a service for the non-cleared derivatives market, has announced that it has processed its first swaption trade. Two swaptions trades were completed between Nomura and Deutsche Bank, one denominated in Euro and the other in US Dollars. The trades were brokered by ICAP, part of TP ICAP group, and processed by MarkitSERV. Deutsche…

June 27, 2018 BY Valentina Kirilova

LSE acquires 16% of margin automation solutions provider AcadiaSoft

AcadiaSoft Inc., the industry provider of margin automation solutions for counterparties engaged in collateral management worldwide, has announced that London Stock Exchange Group (LSEG) has taken a minority, circa 16%, stake in the company. Along with this investment, AcadiaSoft has signed a preliminary agreement that will enable further collaboration with LCH SwapAgent on the development…

LCH SA EquityClear extends clearing services with Euronext stocks traded on Turquoise

November 30, 2017 BY Valentina Kirilova

LCH SwapAgent goes live with Cross-Currency Basis Swaps

LCH SwapAgent, a service for the non-cleared derivatives market, today announced that it has processed its first Cross-Currency Basis Swap. The first trade was conducted between Credit Suisse and Deutsche Bank and was a EUR/USD Cross-Currency Basis Swap. The trade was brokered by ICAP, which is part of TP ICAP group, and was processed through…

Bank of China (UK) Limited joins LCH’s SwapClear

September 07, 2017 BY Valentina Kirilova

LCH SwapAgent completes first trades

LCH SwapAgent, a service for the non-cleared derivatives market, announced today that it has processed its first trades. Citi and Deutsche Bank were the counterparties to the Swiss Franc-denominated interest rate swap and Euro-denominated inflation swap. The trades were processed through MarkitSERV. LCH SwapAgent is available for market participants trading non-cleared OTC interest rate derivatives.…

January 25, 2017 BY Valentina Kirilova

LCH SwapAgent to connect to AcadiaSoft Hub

LCH clearing house announced today that its LCH SwapAgent service will supply risk calculation data to the AcadiaSoft Hub following the planned launch of LCH SwapAgent in H1 2017. Connecting LCH SwapAgent to the AcadiaSoft Hub will further streamline the margining process for the banks already using The Hub to comply with the non-cleared margin rules,…

November 02, 2016 BY Valentina Kirilova

LCH to launch LCH SwapAgent, a centralised service for the non-cleared derivatives market

The global clearing house LCH has announced today that it will be launching a new service for the non-cleared derivatives market. LCH SwapAgent will benefit from LCH’s expertise in serving and managing risk for the cleared rates & FX derivatives market, providing market participants with a number of solutions designed to materially improve standardisation, efficiency…

Tag: LCH SwapAgent