The battle for Euronext’s clearing: a tale of two CCPs
Following the exchange’s decision to migrate its clearing operations, LCH SA and EuroCCP are lacing up for battle. The question is, who will be preferred?
Following the exchange’s decision to migrate its clearing operations, LCH SA and EuroCCP are lacing up for battle. The question is, who will be preferred?
Additional routes to clear European equities will offer users increased margining and settlement netting efficiencies.
Through the extension buy-side firms using RepoClear will now have access to clearing across 13 Euro debt markets and LCH’s basket repo clearing service, €GCPlus.
LCH SA goes live clearing the Oslo Børs derivatives market following the acquisition of the Norwegian exchange operator by Euronext last year.
The loans will be provided to 16 EU member states under the SURE programme to help finance increased national expenditure relating to work schemes and other short-term measures.
Mizuho Securities is the first Japanese member to clear Euro debt at French operating LCH SA.
Clearing across equities, fixed income, and OTC derivatives reached record levels for LCH in 2018.
LSEG announced plans to adds Euronext Growth stocks to its Turquoise MTF last month.