Major investment banks clear the first US interest rate swaps using US Libor alternative benchmark SOFR.
R.J O’Brien has been approved as a general clearing member on LCH’s EquityClear service.
LCH and CLS collaborate on launch of deliverable FX options clearing to reduce counterparty and settlement risk.
LCH sees several new records in the first half of this year for foreign exchange and OTC interest rate swap clearing.
JP Morgan is using LCH CDSClear to act as a clearing broker in credit default swaps for Swedish pension fund AMF.
LSEG’s LCH Group will work alongside AcadiaSoft to bring new products to the non-cleared market.
Banco de México grants approval for LCH to act as CCP for Mexican-domiciled market participants.
Michael Amakye joins LCH as head of CDS sales following a six year stint at ICE Clear Europe.