Tag: LCH.Clearnet

April 08, 2014 BY Andrew Saks-McLeod

LCH.Clearnet beefs up its board, adds ex DTCC CEO Jill Considine

Transatlantic talent joins LCH.Clearnet in senior position, joining the board of directors on April 25, with additional responsibility as Chair of the firm's US division LCH.Clearnet today announced that Jill Considine has been appointed to the Board of Directors of LCH.Clearnet Group. Jill will join the Board on April 25, 2014. She will also serve…

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March 10, 2014 BY Andrew Saks-McLeod

LCH.Clearnet Makes Further Expansion To SwapClear Service

Electronic trade clearing house LCH.Clearnet has today announced that it has expanded its compression offering to include multilateral compression via its interest-rate derivatives clearing service, SwapClear Multi compression is now congruent to SwapClear’s existing Solo and Duo compression capabilities and enables multiple members to simultaneously compress their trades with each other, representing the latest corporate…

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February 19, 2014 BY Gerald Segal

CME looks to Australia ASX hookup to build Far East derivatives presence

Offering of OTC derivatives clearing in Asia Pacific on the radar for the CME Group The Chicago Mercantile Exchange (NASDAQ:CME) is looking to partner up with the Australian Securities Exchange’s division ASX Clear in order to form a partnership that offers clearing services for OTC derivatives to Australian brokers, as the American company is looking to…

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December 18, 2013 BY Gerald Segal

LCH.Clearnet gets CFTC license to clear derivatives

Top tier FX derivatives and CFD’s liquidity provider is already regulated by FCA and ACP The Commodity Futures Trading Commision has announced in a statement on Tuesday that it has granted a license to Banque Centrale de Compensation, part of LCH.Clearnet SA (LCH.C SA) a registration to handle derivatives transactions as a derivatives clearing organization…

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November 07, 2013 BY Gerald Segal

LCH.Clearnet launches buy-side clearing of FX derivatives

The new service will initially offer FX NDFs out to two years for buy-side clients, via three FCMs. Clearing specialist LCH.Clearnet announced today that it is expanding its ForexClear FX derivatives clearing service with the launch of a new offering for buy-side clients. ForexClear is now available to buy-side clients through one of three Futures Commission…

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October 30, 2013 BY Gerald Segal

Cantor Fitzgerald and LCH.Clearnet have announced the first centrally cleared CFD trading mechanism

Investor protection improved with centrally cleared CFD launched in partnership with Commerzbank, ING and Citi. Cantor Fitzgerald Europe and LCH.Clearnet have announced today they are launching the first European centrally cleared over the counter CFD trading mechanism. A big step towards a more liquid market and better balancing of risks especially for customers who are…

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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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