FX is the latest addition to JP Morgan’s OTC clearing business as it looks to provide a platform across all assets.
O'Hara replaces Alain Courbebaisse, who joined Euronext in May as its new chief information and technology officer.
The new account structure will allow buy-side clients to post collateral directly with the clearing house.
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.