LCH Ltd is our UK registered clearing house, offering clearing services for a diverse range of asset classes, including Rates, FX, Repos and Fixed Income, Commodities, Cash Equities, and Equity Derivatives. LCH operates an open-access model that offers a choice of execution venues, delivering unprecedented choice and efficiencies to the marketplace.
LCH SA is our Continental European clearing house, offering clearing services for credit default swaps (CDS), repos and fixed income, commodities, cash equities, and equity derivatives. Members and clients benefit from an open-access model that offers a choice of execution venues, delivering unprecedented choice and efficiencies to the marketplace.
Recovery and Resolution: A Framework for CCPs – October 2016:
Dealing with the failure of a CCP has become the key question in ensuring financial stability. We lay out nine fundamentally different scenarios in which a CCP can get into difficulty.
CCP Conundrums – December 2015:
The Dodd-Frank Act and EMIR reform have placed clearing at the centre of post-crisis markets. In this paper, LCH explores the implications of CCPs’ higher profile.
On the Margin: Portfolio Margining at a CCP – August 2015:
Portfolio margining encourages better risk management and more efficient allocation of collateral to the greatest risks. This paper fuels debate amongst CCPs and Regulators as to how best to address this difficult issue.
The Rules and Regulations documents outline the relationship between LCH and clearing members, covering the rights and obligations of each. LCH Ltd and LCH SA are distinct legal entities with their own rulebooks and processes.
Our unique membership and governance models have created productive market knowledge for us to grow strategically. We are committed to working closely with our clients to tailor our clearing solutions to fit the way the market trades.
We are a leading Rates and multi-asset clearing house that provides proven risk management capabilities across Equities, Repo, Commodities, CDS, FX, and OTC and Listed Rates to members and their clients. As a clearing house, we stand in the middle of capital markets, acting as a buyer to every seller and a seller to every buyer. Put simply, we make financial markets safer.
It’s not only the breadth of our product offering that sets us apart from our competitors, it’s also our commitment to working with our members, partnering with you to develop the services and tools you need to make your business more efficient and to make financial markets safer for us all.
Clearing across national boundaries can be confusing. But with the implementation of mandatory European clearing, US and European regulators are now providing greater clarity on the roles and safeguards for CCPs
Get the latest on mandatory clearing deadlines, rules and regulations, and how they may impact you.
LCH SwapAgent will provide the non-cleared swaps market with the same expertise in servicing and managing risk as LCH delivers for cleared Rates and FX derivatives. The solution will materially improve standardisation and efficiency in the bilateral derivatives market.