Press Releases
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LCH achieves a record year for volumes in 2018
07 January 2019
Continued growth across services at both LCH Ltd and LCH SA
Increased activity driven by new customers and additional flows from existing customers
Over $1 quadrillion in notional cleared at SwapClear in 2018; $773 trillion notional compressed
CDSClear, EquityClear, ForexClear and RepoClear also reported record volumes
ForexClear compresses $4.5 billion of cleared notional
27 November 2018
Citi and Standard Chartered Bank among first clearing members to actively use ForexClear’s compression service
Compression enables members and their clients to improve capital and operational efficiency by reducing notional outstanding
LCH SwapAgent completes its first swaption trade
15 November 2018
Deutsche Bank and Nomura are counterparties to the first swaptions trades processed through LCH SwapAgent
Trades were brokered by ICAP as interdealer broker
LCH SwapAgent offers standardised infrastructure and efficiencies to the non-cleared derivatives market
LCH receives licence to clear FX NDFs in Japan
14 November 2018
Japanese Financial Services Agency approves LCH Ltd to clear FX Non-Deliverable Forwards for Japanese banks and clients
Builds on existing LCH licence to clear non-Yen OTC interest rate derivatives
Underlines LCH’s continued commitment to the Japanese market
LCH SA EquityClear to further extend its clearing services to include Euronext stocks traded on Turquoise
11 October 2018
Will allow customers to benefit from increased operational and cost efficiencies
LCH SA will offer clearing of main market Euronext stocks traded on Turquoise on a preferred clearing basis
Service scheduled to go live in Q1 2019
Kate Birchall appointed Head of Asia Pacific, LCH Ltd
24 September 2018
Responsible for LCH’s business in the region, supporting LCH’s continued expansion in APAC
Marcus Robinson assumes role as LCH Head of Group Business Development
LCH Ltd commits to FX Global Code and UK Money Markets Code
23 July 2018
Underlines LCH’s support for good practice and conduct in the FX and money markets
LCH clears first SOFR swaps
18 July 2018
LCH becomes first clearing house to offer clearing of U.S. Dollar interest rate swaps benchmarked to the new reference rate
This underlines LCH’s support of global rates reform driven by market participants and regulators
Credit Suisse, Goldman Sachs and J.P.Morgan among the first participants to clear SOFR swaps
LCH’s ForexClear launches deliverable FX Options clearing
11 July 2018
LCH Ltd pioneers clearing of deliverable FX Options
Settlement model developed in collaboration with CLS
Barclays, Citi and J.P.Morgan the first participants to use the service
J.P. Morgan goes live with client clearing at LCH CDSClear
03 July 2018
J.P. Morgan is the first US bank to offer client clearing through CDSClear
AMF is live clearing both EUR and US CDS products
Builds on LCH SA’s growing CDS clearing business