LCH.Clearnet provides an independent clearing service for Steel contracts settled against The Steel Index (TSI)
Globally based steel mills, producers, shippers and trading companies are increasingly looking to manage their price and counterparty risk through cleared trading opportunities. By clearing through LCH.Clearnet, clients benefit from the stability and the implicit security of our default fund.
Approved Brokers have open and equal access to the service and can register their trades with LCH.Clearnet for clearing through a clearing member of LCH.Clearnet. Trades are blocked in through Cleartrade Exchange, and flow into LCH's clearing systems.