Press Releases

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

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  

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

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

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

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

Underlines LCH’s support for good practice and conduct in the FX and money markets

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 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 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