Press Releases

Shona Milne appointed as Independent Non-Executive Director Brings over 25 years of industry experience to the Board Stephen Compton (Citigroup) named as User Board Member

Steve Briscoe will lead development of Group’s technology and operations Joins group from RBS; with 20 years’ financial services industry experience  

First CCP to clear inflation-linked swaps 11 members live and clearing trades Barclays and J.P. Morgan conduct first ever cleared inflation swap Participants benefit from improved capital, margin and operational efficiency through portfolio margining

Frank Soussan appointed as new Head from 1 July 2015   CDSClear offers broadest European coverage of any CCP

Margin offsets to be available for listed and OTC interest rate derivatives portfolios   Members and their clients offered significant opportunity for portfolio margin optimisation Service will be provided on an open access basis via regulated venues that list suitable interest rate derivatives

Professor Lex Hoogduin to succeed Jacques Aigrain as Chairman of LCH.Clearnet Group Limited & LCH.Clearnet Ltd Jonathan Eliot joins Boards of LCH.Clearnet Group Limited, LCH.Clearnet SA and LCH.Clearnet LLC and chairs Group Board Risk Committees

SGSS to benefit from streamlining default fund contributions and margin payments, as well as reduced clearing fees and settlement costs Reflects growing trend for clearing members to consolidate cash equity flow through one CCP LCH.Clearnet interoperable volumes up 50% over last 18 months