Press Releases

Compression drives record reduction in notional outstanding at SwapClear during 2015 $323 trillion compressed in 2015, contributing to net notional reduction of $107 trillion Notional outstanding now at $254 trillion, down from almost $362 trillion on 1 January 2015 Results highlight strong uptake of compression services by members and their clients Extensions of blended-rate compression service contribute to increased compression activity

$1.9 trillion in notional eliminated in first blended-rate compression run for Forward Rate Agreements at SwapClear Enhancement drives further capital and operational efficiencies for market participants $250 trillion in notional eliminated in SwapClear to date in 2015 through proprietary and third-party compression services, contributing to a net notional reduction of $93 trillion  

First CCP to use standardised MX messages over SWIFT to notify clearing members of margin calls Adoption of ISO 20022 standard brings increased operational efficiency to members Targeting go-live in November 2015

New service enables clearing of the $275bn a day FX options market, with other physically settled FX products to follow Bringing capital efficiency to the FX markets Planned launch in 2016, subject to regulatory approval

First CCP to offer its members the full range of European Senior Financials indices and single names for clearing Participants now benefit from greater capital and margin efficiencies through portfolio margining LCH.Clearnet is the only EMIR-authorised clearing house to clear credit default swaps

European offering expands on ForexClear’s US client clearing model Four banks signed up as clearing brokers Variety of account structures provide end users with increased protection and asset segregation   

Ali Hackett joins LCH.Clearnet Group to lead Global Sales & Relationship Management, across asset classes Brings over 25 years financial services experience to the role

Provides Ltd entity with access to central bank liquidity