July 11, 2018 BY Valentina Kirilova

LCH goes live with CLS' deliverable FX Options clearing offering

The global clearing house LCH today announced that it has launched deliverable FX options clearing. Barclays, Citi and J.P. Morgan are among the first participants to use the service, with further banks expected to shortly start clearing the product. The move incorporates the first physical FX settlement service for cleared FX products, which LCH has…

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