Deal gives Euronext members 10-years of clearing certainty.
The former global head of collateral management product at JP Morgan, who joined Lombard Risk in 2016, will head up the expansion.
Clearstream will apply for a new operating license this autumn as it readies for the introduction of CSDR.
Service launched for over-the-counter FX trades, with plans to expand into all asset classes.
The DTCC’s Fixed Income Clearing Corporation subsidiary is now live and has executed its first trade between Citadel and Morgan Stanley.
The Commodity Futures Trading Commission approves CME’s application to clear OTC FX options.
New group will provide informal advice to European regulator.
The Governor for the Bank of England warned of higher costs but welcomed the European Commission’s proposal on tighter CCP supervision across the EU.
ESMA could gain authority to declare CCPs of major systemic importance be established in EU to provide services.
Davie will run LCH's global OTC and listed rates derivatives clearing business, as well as the launch of SwapAgent.