Citadel goes live on LCH’s ForexClear
The hedge fund executed its first trade on the FX clearing service with Citi acting as the clearing broker.
The hedge fund executed its first trade on the FX clearing service with Citi acting as the clearing broker.
Following the launch of ForexClear’s deliverable FX options clearing service last year, LCH is now clearing FX forwards.
Citi and Standard Chartered are among the first institutions to actively compress trades with LCH ForexClear.