Eurex now has 28 participants signed up to the repo partnership programme including JP Morgan, Deutsche Bank and Morgan Stanley.
Bank of America Merrill Lynch, JP Morgan and Standard Chartered are among the first financial institutions to clear the new derivatives at LCH.
FTSE Russell and LCH OTC continue to drive revenues at LSEG but pivot towards investment means missed cost and margin targets in 2019.
ESMA has been making plans to prepare for a ‘no-deal’ scenario ahead of Brexit, with disruption to clearing being one of the biggest concerns.
LCH SA is targeting going live with a sponsored repo clearing scheme for the buy-side in 2019.
LCH SwapAgent has said that €4.5 billion in notional of trades were compressed via TriOptima’s triReduce service.
Clearing across equities, fixed income, and OTC derivatives reached record levels for LCH in 2018.
UK clearing house applies for equivalence with European Securities and Markets Authority.
The linked derivatives order book partnership between LSEDM and Oslo Børs has been in effect since 2009.
As of 30 November LCH SwapClear’s cleared notional volumes year to date totalled just over $1 quadrillion.