Press Releases

Royal Bank of Canada is first Canadian member to clear Euro debt at LCH SA Royal Bank of Canada (Channel Islands) Limited is first member from the jurisdiction to clear Sterling debt at LCH Ltd

Introduces clearing for Markit iTraxx Europe Subordinated Financials Index and single names First CCP to offer clearing of Subordinated Financials Single Name CDS  Goldman Sachs among first participants to clear the products Demonstrates continued growth and innovation of the service, following a record year for volumes

Innovations include launch of FX forwards clearing, €STR swaps, consolidation of Euro-debt activity at LCH SA and increased venue connectivity at EquityClear Over $1.2 quadrillion cleared at SwapClear, with $920 trillion compressed Record volumes also reported by CDSClear, ForexClear and RepoClear  

LCH is first clearing house to offer clearing of Euro-denominated swaps benchmarked to the new reference rate, €STR Launched in response to strong market demand to clear the products Demonstrates LCH’s support for global rates reform

FX forwards now available for clearing at LCH; first CCP to clear the product Utilises settlement model developed in collaboration with CLS ForexClear expansion builds on existing clearing service for FX non-deliverable forwards and deliverable options

Buy-side users of FX Connect TradeNeXus benefit from STP access to LCH’s clearing services Asset managers can now streamline their workflows for clearing FX derivatives AllianceBernstein LP, Brandywine Global Investment Management, Standard Chartered Bank, and State Street among first to collaborate with ForexClear and TradeNeXus on this new service

Mizuho Securities Co., Ltd live clearing Euro debt at LCH SA Demonstrates international appeal of LCH’s clearing offering, representing the largest European pool of cleared debt

Isabelle Girolami to join LCH as CEO, LCH Ltd from 1 November, 2019 Responsible for driving continued growth, innovation and operational excellence across LCH Ltd

The UK entity of Bank of China is LCH’s first clearing member from a Chinese banking group Highlights LCH’s growing business in and commitment to Asia

The investment bank of Intesa Sanpaolo Group live clearing CDS at LCH SA Latest milestone builds on CDSClear’s continued growth in Europe, with record volumes processed at CDSClear in 2018 CDSClear provides the largest product offering of any credit derivatives clearing service