Tag: SwapClear

LCH
March 13, 2019 BY Valentina Kirilova

LCH extends non-deliverable interest rate swaps offering

LCH has expanded its non-deliverable interest rate swaps offering yesterday, adding five additional currencies - Brazilian Real, Chilean Peso, Colombian Peso, Taiwan Dollar and Thai Baht. The global clearing house began clearing of non-deliverable interest rate swaps last April. Since then, market participants have been able to clear this product denominated in Chinese Yuan, Korean…

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May 02, 2018 BY Valentina Kirilova

LCH begins clearing of non-deliverable interest rate swaps

The global clearing house LCH has just announced that it has begun clearing of non-deliverable interest rate swaps. Market participants are now able to clear this product denominated in Chinese Yuan, Korean Won and Indian Rupee. This is the first time that SwapClear has offered clearing of derivatives denominated in these currencies. Clearing for Chinese Yuan,…

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LCH
January 08, 2018 BY Valentina Kirilova

LCH achieves a record year for volumes in 2017

LCH, a global clearing house, today announced record volumes across multiple clearing services in 2017. LCH’s equities, fixed income, and OTC derivatives clearing services all surpassed previous years’ clearing activity. Volumes growth across the business has been driven by the roll-out of new products, effects of regulatory change and the onboarding of new customers across…

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Bank of China (UK) Limited joins LCH’s SwapClear
August 14, 2017 BY Valentina Kirilova

LCH launches new client account type

LCH Limited, a global clearing house, announced today that it has introduced a new type of client account within its SwapClear service. The account allows buy-side clients to deliver collateral directly to the clearing house and to retain beneficial title to it. Segregation at an International Central Securities Depository (ICSD) ensures that such securities collateral…

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June 19, 2017 BY admin

BNZ first New Zealand bank to join SwapClear

BNZ (Bank of New Zealand) one of New Zealand's largest banks announced today that it has become a Direct Clearing Member of LCH’s SwapClear interest rate swap clearing service – and has successfully cleared its first trade as a direct member. BNZ Head of Markets, Graeme Liddell said: Being the first New Zealand member of…

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Bank of China (UK) Limited joins LCH’s SwapClear
January 06, 2017 BY Valentina Kirilova

LCH's SwapClear achieves record volumes in 2016

The global clearing house LCH announced today that its SwapClear service cleared record volumes of interest rate derivatives in 2016, processing over $665 trillion in notional over the course of the year, representing an annual increase of 25%. Both members and their clients increased their flows through LCH, with the buy side clearing a record…

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LCH SwapAgent completes its first trades compression
December 09, 2016 BY Valentina Kirilova

LCH clears over $1 trillion in inflation swaps notional

LCH, a global clearing house, announced that its SwapClear service has cleared a total of $1 trillion in notional of inflation swaps since the service launched in April 2015. This achievement follows a significant increase in cleared activity on the buy and sell side following the implementation of non-cleared margin rules in September 2016. Inflation-linked…

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LCH ForexClear reduces notional outstanding by $4.5b through NDF clearing service
November 09, 2016 BY Valentina Kirilova

LCH clears over $1 trillion in inflation swaps notional

LCH, a global clearing house, has announced that its SwapClear service has cleared a total of $1 trillion in notional of inflation swaps since the service launched in April 2015. This achievement follows a significant increase in cleared activity on the buy and sell side following the implementation of non-cleared margin rules in September 2016.…

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April 26, 2016 BY Maria Nikolova

LCH announces two senior appointments to FX team

International clearing house LCH, majority owned by London Stock Exchange Group Plc (LON:LSE), today announces two senior executive appointments, beefing up its Forex team. Effective May 1, 2016, Daniel Maguire will become Global Head of Rates & FX Derivatives. In his expanded role, Mr Maguire will be in charge of the global product and business…

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