Tag: LCH

Forex Weekly Look Back
October 16, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: TMGM to sponsor the Australian Open, Peter Tatarnikov talks about the Financial Commission

Hashtacs and Swiss private bank EFG are developing a blockchain platform in a project funded by the Monetary Authority of Singapore’s (MAS) Financial Sector Technology & Innovation (FSTI) proof-of-concept grant. The platform is called “Project Nathan” and uses distributed ledger technology (DLT) to automate and manage the entire lifecycle of a structured product. Advanced Markets Group,…

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October 14, 2020 BY Steffy Bogdanova

LCH SA to support EU’s SURE program by clearing bonds

Under the SURE programme €87.4 billion of loans will be provided to 16 EU member states. The programme aims to help finance increased national expenditure on short-term work schemes and other similar measures. Similarly, LCH SA will back and clear the upcoming Next Generation EU Bonds. Christophe Hémon, CEO, LCH SA, commented: The Covid-19 pandemic…

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Forex Weekly Look Back
July 10, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Plus500 triples sales, Dukascopy announces white label partnership with Bank Sich in Ukraine

The institutional unit of FXCM Group, FXCM Pro, announced its has teamed up with trading technology provider Tradesocio. The two companies collaborated to provide banks, brokers, asset managers and other buy-side institutions with a full fintech solution that combines Tradesocio’s digital investment and trading technology with FXCM Pro’s institutional liquidity and global scale. Tradesocio’s client base…

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Japan
April 02, 2020 BY Steffy Bogdanova

Former CME Group director, Yutaka Imanishi, named Head of Japan, LCH

Imanishi was previously executive director in Optimisation Japan at CME Group. He also had a position as CEO Asia Pacific, TriOptima where he oversaw TriOptima’s compression and portfolio reconciliation business in APAC. Imanishi has also held a number of positions at Nomura and other banking groups across Australia, Japan and Singapore. Kate Birchall, Head of…

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LCH
January 09, 2020 BY Valentina Kirilova

LCH reports record clearing volumes in 2019

Global clearing house LCH has just announced that 2019 was another record year for volumes across multiple asset classes. Activity in its OTC derivatives and fixed income clearing services as well as its SwapAgent franchise exceeded 2018’s volumes. Daniel Maguire, CEO, LCH, and Group Director, Post Trade, London Stock Exchange Group, commented: 2019 has been…

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September 25, 2019 BY Valentina Kirilova

LCH ForexClear integrates with State Street’s FX Connect TradeNeXus

LCH, a global clearing house, has announced earlier this week that it is going to be the first clearing house to integrate with FX Connect TradeNeXus. TradeNeXus is State Street’s FX trading platform that provides exception based automated matching, trade and settlement confirmation enrichment and third party messaging. The new link provides users of TradeNeXus…

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LCH
September 02, 2019 BY Valentina Kirilova

LCH SA adds Mizuho as a clearing member

Global clearing house LCH announced that they have just added Mizuho Securities Co., Ltd to their members list. Mizuho is the first Japanese financial institution to access LCH SA’s Euro debt clearing services as a member of RepoClear. The financial institution will now have access to the largest netting pool of Euro-denominated debt and will…

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Bank of China (UK) Limited joins LCH’s SwapClear
June 19, 2019 BY Valentina Kirilova

Bank of China (UK) Ltd joins LCH’s SwapClear service

Global clearing house LCH announced that Bank of China (UK) Limited, Bank of China’s UK entity, has gone live as a clearing member of LCH’s SwapClear. Bank of China is LCH's first clearing member from a Chinese banking group. The Bank will now have access to clearing of interest rate derivatives at LCH and will…

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