LCH clears first €STR swaps trades with Morgan Stanley and LBBW
Morgan Stanley and LBBW have cleared the first €STR derivatives referencing the new interest rate benchmark.
Morgan Stanley and LBBW have cleared the first €STR derivatives referencing the new interest rate benchmark.
Following the launch of ForexClear’s deliverable FX options clearing service last year, LCH is now clearing FX forwards.
SIX’s Collateral Cockpit will link fragmented front and back-office systems and provide control over collateral management functions.
LCH and FX Connect integration will offer buy-side users straight through processing access to ForexClear clearing services.
Numis Securities has signed a multi-year contract with Torstone Technology to overhaul its post-trade equities operations.
Fees will be removed for market participants migrating derivatives positions to Eurex as part of Brexit preparations.
Credit Suisse will bring its post-trade processes back in-house through its partnership with Torstone Technology.
Tradeweb is looking to streamline post-trade workflows for clients, and help firms meet the upcoming CSDR requirements.
Mizuho Securities is the first Japanese member to clear Euro debt at French operating LCH SA.
Citi’s client cleared swaps margin stood at over $28 billion in the second quarter of the year, representing 27% of the total amount of margin posted for the US swaps market.