Press Releases
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LCH.Clearnet eliminates over $100 trillion in notional in 12 months
21 December 2015
Compression drives record reduction in notional outstanding at SwapClear during 2015
$323 trillion compressed in 2015, contributing to net notional reduction of $107 trillion
Notional outstanding now at $254 trillion, down from almost $362 trillion on 1 January 2015
Results highlight strong uptake of compression services by members and their clients
Extensions of blended-rate compression service contribute to increased compression activity
LCH.Clearnet enhances SwapClear compression offering
15 October 2015
$1.9 trillion in notional eliminated in first blended-rate compression run for Forward Rate Agreements at SwapClear
Enhancement drives further capital and operational efficiencies for market participants
$250 trillion in notional eliminated in SwapClear to date in 2015 through proprietary and third-party compression services, contributing to a net notional reduction of $93 trillion
LCH.Clearnet leverages SWIFT for standardised margin call messages
12 October 2015
First CCP to use standardised MX messages over SWIFT to notify clearing members of margin calls
Adoption of ISO 20022 standard brings increased operational efficiency to members
Targeting go-live in November 2015
LCH.Clearnet and CLS Partner to Deliver Settlement for Cleared FX Options
03 August 2015
New service enables clearing of the $275bn a day FX options market, with other physically settled FX products to follow
Bringing capital efficiency to the FX markets
Planned launch in 2016, subject to regulatory approval
LCH.Clearnet launches clearing of European Senior Financials Credit Derivatives
23 June 2015
First CCP to offer its members the full range of European Senior Financials indices and single names for clearing
Participants now benefit from greater capital and margin efficiencies through portfolio margining
LCH.Clearnet is the only EMIR-authorised clearing house to clear credit default swaps
LCH.Clearnet launches buy-side clearing of FX derivatives in Europe
26 May 2015
European offering expands on ForexClear’s US client clearing model
Four banks signed up as clearing brokers
Variety of account structures provide end users with increased protection and asset segregation
LCH.Clearnet appoints new Global Head of Sales and Relationship Management
18 May 2015
Ali Hackett joins LCH.Clearnet Group to lead Global Sales & Relationship Management, across asset classes
Brings over 25 years financial services experience to the role
LCH.Clearnet Ltd opens Australian dollar account with Reserve Bank of Australia
21 April 2015
Provides Ltd entity with access to central bank liquidity