Tag: Clearing & settlement

Societe Generale has strengthened its clearing services once again by agreement to transfer futures execution and clearing activities from Jefferies Bache.

GH Financials has become the first remote clearing participant of the Australian Securities Exchange’s (ASX) clearing house.

LCH.Clearnet has become the first central counterparty in Europe to be authorised to clear inflation swaps.

Central banks have significantly increased their influence over collateral flows, and regulators should consider policies to monitor their activity, a report from the Bank of International Settlements has found.

LCH.Clearnet has proposed a stress testing framework for central counterparties (CCPs) in order to increase transparency into the risk management systems within clearing houses.

Collateral management services could be one of most lucrative revenue streams for financial institutions, offering up to $1 billion over the next three to five years, according to a major survey of the wholesale banking sector.

Clearing house operator LCH.Clearnet has appointed former Renshaw Bay senior portfolio manager Frank Soussan as global head of CDSClear.

Turkish stock exchange Borsa Istanbul has acquired the London Metals Exchange’s stake in pan-European clearing house LCH.Clearnet, a move that could strengthen its ties with London Stock Exchange Group.

Clearstream and ICE Clear Europe have launched a collaborative tri-party margin collateral management service, much to the delight of major banks as they look to overcome international rules on margin levels.

Institutional Investors are increasingly warming towards central clearing as a means to reduce system risk, a survey from research group Greenwich Associates found.