Tag: clearing house

February 01, 2016 BY Maria Nikolova

Monetary Authority of Singapore grants status of Recognised Clearing House to LCH.Clearnet

International clearing house LCH.Clearnet Ltd today announced that it has formally received the status of Recognised Clearing House by the Monetary Authority of Singapore (MAS). The status covers LCH.Clearnet’s EnClear (Freight Division), ForexClear and SwapClear services. At present, LCH.Clearnet clears Singapore Dollar-denominated interest rate swaps as well as commodities futures, including freight, iron ore, and…

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October 23, 2013 BY Gerald Segal

LCH.Clearnet taps ex Citi exec Suneel Bakhshi as its new CEO

LCH was without a CEO since LSE's takeover of the multi-asset clearing house back in May. Multi-national clearing house LCH.Clearnet has announced that Suneel Bakhshi has been appointed as its new CEO. Whilst the final confirmation is pending a regulatory approval the new chief executive officer is expected to join the company in early 2014.…

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