LCH SA provides clearing services to the BondMatch MTF.
By clearing through LCH, BondMatch clearing members benefit from multilateral netting, counterparty risk management, straight through processing and counterparty anonymity.
BondMatch allows qualified debt markets participants to trade euro-denominated corporate, financial and covered Bonds on a transparent order book with firm orders. BondMatch was built to meet the "Expression of Needs" designed by representatives of euro-denominated Bond market participants and released by the Cassiopeia committee. The objective of BondMatch is to provide liquidity and transparency through an order book with firm orders, pre and post-trade reporting and clearing and settlement solutions.
Further information about the products and services offered by BondMatch can be found on BondMatch web site.