Barclays offers client clearing through LCH ForexClear
After launching client clearing at ForexClear, Barclays was the first bank to process a client trade through LCH’s international clearing broker model.
After launching client clearing at ForexClear, Barclays was the first bank to process a client trade through LCH’s international clearing broker model.
The two investment banks were the first to clear the non-deliverable foreign exchange (FX) options that launched today extending the offering at LCH ForexClear.
LCH SwapClear saw notional volumes surge 14% in 2019 to $1,229 trillion as it looks to retain the derivatives clearing market amid Brexit.
LCH and FX Connect integration will offer buy-side users straight through processing access to ForexClear clearing services.
Clearinghouse implements trio of solutions to support growth plans through workflow automation.