LCH
DTCC begins testing DLT-based credit derivatives service with 15 banks
New service expected to launch after first quarter of 2019
Quantile adds CME to optimisation service
Quantile Technologies completes initial NDF margin-optimisation cycle with CME group
FX market structure in flux – The future of FX derivatives markets
As regulation transforms the structure of foreign exchange markets, the focus is shifting towards increased efficiency and cost reduction. A survey conducted by FX Week in association with LCH ForexClear explores the impact of the financial crisis on FX…
LCH Group names Bailey as chairman
Marshall Bailey and Ruth Wandhöfer will join the board of the London Stock Exchange Group, LCH’s majority owner
Birchall joins LCH as head of Asia-Pacific
Kate Birchall fills the vacancy left by Marcus Robinson, who has taken a role at the clearing house in London
LCH and Moscow Exchange sign up to Code
The clearing house and exchange pledge to abide by the FX Global Code’s principles when conducting business
LCH launches FX options clearing
The first clearing service for deliverable FX is available initially for eight currency pairs
Awards: LCH
LCH has been voted Best Clearing Services Provider at the 2018 FX Week e-FX Awards
NDF nightmare: banks seek fix for benchmark ‘mess’
European firms face being barred from using three Asian fixings from 2020, raising concerns about legacy trades
CME and LCH bet on FX options clearing
CME’s cash-settled FX options-clearing solution will vie for dominance with LCH’s deliverable clearing product
triReduce enhances compression
The firms says the new Trade Revision functionality can improve compression efficiency by up to 50%
BoE to authorise EU CCPs ‘at 00:01’ on Brexit day
Central bank hopes plan to preserve access for EU CCPs will be reciprocated
FastMatch revenues show strong growth
FX trading platform contributes 7.2 million euros in revenues to parent Euronext in less than five months
FCA approves New Change FX for benchmarks
NCFX becomes first benchmark administrator for live FX spot markets under EU regulation 2016/1011
New records for LCH volumes in 2017
Strong growth driven by roll-out of new products, regulatory change and onboarding of new customers globally
ForexClear prints new record, clearing more than $100bn in one day
And recently launched G10 NDF service clears over $700m in a month
LCH SwapAgent processes first cross-currency basis swap
It is the first non-cleared trade to be transacted as LCH STM, SwapAgent’s settlement-to-market legal and operational framework
Cost of credit no longer about the end-client, panellists say
Instead, it reflects the cost of major participants taking risk amongst themselves due to margin rules
MarkitServ rolls out workflow automation for cross-currency swaps
Enhanced service launched in conjunction with CLS and LCH
Horkan becomes chief operating officer at LCH
John Horkan will retain his role as head of LCH North America
Maguire becomes chief executive of LCH Group
He steps into his new post immediately, following Suneel Bakhshi's decision to step down
London Stock Exchange Group boosts LCH stake
LCH’s activity has ballooned over the past 12 months, with its ForexClear platform clearing more than a trillion dollars’ worth of non-deliverable forward trades in August
LCH SwapAgent completes first trades
Citi and Deutsche Bank executed the first trades, a Swiss franc-denominated interest rate swap and euro-denominated inflation swap