November 27, 2018 BY Valentina Kirilova
LCH ForexClear reduces notional outstanding by $4.5b through NDF clearing service
ForexClear members have announced that, through the use of the service’s compression solution, they have reduced their notional outstanding by $4.5 billion, global clearing house LCH informed earlier today. ForexClear has seen demand for its NDF clearing service significantly increase since the introduction of the uncleared margin rules in September 2016. LeapRate reminds, that ForexClear service processed over $1…
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