LCH, a global clearing house, announced that its SwapClear service has cleared a total of $1 trillion in notional of inflation swaps since the service launched in April 2015. This achievement follows a significant increase in cleared activity on the buy and sell side following the implementation of non-cleared margin rules in September 2016. Inflation-linked…
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LCH, a global clearing house, has announced that its SwapClear service has cleared a total of $1 trillion in notional of inflation swaps since the service launched in April 2015. This achievement follows a significant increase in cleared activity on the buy and sell side following the implementation of non-cleared margin rules in September 2016.…
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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…
Read moreClearing house LCH has announced that Commonwealth Bank of Australia (CBA) has become its first Australian Protected Payments System (PPS) Bank. Having an Australian PPS Bank enables LCH to make and receive Australian Dollar payments in the local time zone. The PPS system is the method by which LCH calls and pays cash margin to its clearing…
Read moreThe international clearing house LCH has announced that Graham Wright joins the LCH Limited Board as an independent non-executive director. Wright is currently Chief Information Security Officer and Global Head of Digital Risk for National Grid and will bring substantial technology, operations and operational risk experience to LCH’s UK entity. Previously, he has held a number of senior…
Read moreGlobal clearing house LCH has announced that it will be offering equities clearing on SIGMA X MTF from July 2016. With the addition of SIGMA X MTF, LCH’s EquityClear service will offer clearing across 17 active interoperable European equities trading venues. As a result of this expansion and LCH’s open access approach, users of multiple…
Read moreInternational clearing house LCH today announces that its SwapClear service has compressed a total of more than 8.4 million cleared trades, representing $1 quadrillion in notional since it commenced offering compression services in 2008. The milestone follows a number of recent innovations in SwapClear’s compression offering which have substantially increased the number of trades eligible…
Read moreInternational clearing house LCH, majority owned by London Stock Exchange Group Plc (LON:LSE), today announces two senior executive appointments, beefing up its Forex team. Effective May 1, 2016, Daniel Maguire will become Global Head of Rates & FX Derivatives. In his expanded role, Mr Maguire will be in charge of the global product and business…
Read moreTop tier FX derivatives and CFD’s liquidity provider is already regulated by FCA and ACP The Commodity Futures Trading Commision has announced in a statement on Tuesday that it has granted a license to Banque Centrale de Compensation, part of LCH.Clearnet SA (LCH.C SA) a registration to handle derivatives transactions as a derivatives clearing organization…
Read moreThe new service will initially offer FX NDFs out to two years for buy-side clients, via three FCMs. Clearing specialist LCH.Clearnet announced today that it is expanding its ForexClear FX derivatives clearing service with the launch of a new offering for buy-side clients. ForexClear is now available to buy-side clients through one of three Futures Commission…
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