Tag: japanese market

April 08, 2016 BY Maria Nikolova

Japan's FSA issues license for clearing interest rate derivatives to LCH.Clearnet

International clearing house LCH.Clearnet Ltd announced today that it has obtained approval for a clearing licence from the Japanese Financial Services Agency (FSA). The licence allows LCH.Clearnet to clear non-Yen OTC interest rate derivatives, on behalf of local banks based in Japan through its SwapClear service. Before LCH.Clearnet gained this licence, Japanese banks were able…

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