LCH, a leading global clearing house majority owned by London Stock Exchange Group Plc (LON:LSE), has announced that it has extended its SwapClear service to offer clearing of Australian Dollar BBSW vs AONIA overnight basis swaps (AUD BOBs). With SwapClear clearing approximately 85% of the the AUD interest rate derivatives market today, this addition will…
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LCH, a leading global clearing house majority owned by London Stock Exchange Group Plc (LON:LSE), has announced that it has cleared a total of $745 million G10 FX NDFs currency pairs through its ForexClear service. This volume was achieved within one month of the new product’s go live at LCH. By clearing these additional currency…
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Multi asset global clearing house LCH has announced that Daniel Maguire (pictured above) has been appointed as Chief Executive Officer of LCH Group, with immediate effect. The appointment follows Suneel Bakhshi’s decision, earlier this summer, to step down from his role as Chief Executive Officer of LCH Group after four years in the role. The…
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SIX Swiss Exchange has announced that it has selected UnaVista, the approved reporting mechanism for MiFID and MiFID II from the London Stock Exchange Group Plc (LON:LSE), as its partner for transaction reporting for remote participants. SIX Swiss Exchange will partner with LSEG to establish a link to their UnaVista service to facilitate transaction reporting for…
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LeapRate has learned that seasoned Retail Forex industry executive Tal Zohar has left IG Group Holdings plc (LON:IGG) for a new position as Head of Elite Connect and a member of the Senior Management Team at the London Stock Exchange Group Plc (LON:LSE). ELITE is the LSE's investor relation portal and education center. Its mission is…
Read moreLondon Stock Exchange Group Plc (LON:LSE) reported its preliminary results for 2016 showing nice growth in the business. And, the company remains fairly optimistic about its proposed merger with Deustche Borse, despite recent regulatory hurdles being thrown in the way, as well as the uncertainty surrounding the implementation of Brexit. Overall, the LSEG saw Total Income…
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German financial markets operator has announced that turnover on its Xetra, Börse Frankfurt and Tradegate exchanges totaled €1.38 trillion in 2016, down from €1.64 trillion in 2015. Of the total, €1.26 trillion was attributable to the Xetra venue, €43.9 billion to Börse Frankfurt and €71.0 billion to Tradegate Exchange. The share with the highest order book…
Read moreInternational clearing house LCH.Clearnet, majority owned by London Stock Exchange Group Plc (LON:LSE), has announced that it has been authorised by the Hong Kong Securities and Futures Commission (SFC) to provide automated trading services in Hong Kong via its SwapClear and ForexClear services. LCH has also been approved as a designated central counterparty in respect of…
Read moreLondon Stock Exchange Group Plc (LON:LSE) has announced its interim quarterly results ended June 30, 2016. Here are some of the highlights: • Continued good financial performance with growth across all core business areas - in particular, in Information Services, including strong results at FTSE Russell, in Capital Markets and at LCH • Revenue up…
Read moreInternational clearing house LCH.Clearnet, majority owned by London Stock Exchange Group Plc (LON:LSE), has announced that it plans to close its SwapClear US Service as of next week, on June 23, 2016. The closure of the SwapClear US service will have no effect on the SwapClear Global service offered via LCH.Clearnet Ltd, which continues to be the…
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