Credit Suisse, Goldman Sachs and JP Morgan clear first SOFR swaps with LCH
Major investment banks clear the first US interest rate swaps using US Libor alternative benchmark SOFR.
Tag: LCH
LCH adds R.J O’Brien as equity clearing member
R.J O’Brien has been approved as a general clearing member on LCH’s EquityClear service.
Buy side
Buy-side voluntary clearing set to take off
Regulation and collateral costs have made the cleared derivatives market much more attractive for the buy-side. Joe Parsons asks what else will it take for them to voluntarily take part?
LCH and CLS partner for FX clearing
LCH and CLS collaborate on launch of deliverable FX options clearing to reduce counterparty and settlement risk.
LCH sets new records for SwapClear and ForexClear
LCH sees several new records in the first half of this year for foreign exchange and OTC interest rate swap clearing.
LCH adds JP Morgan as first US bank to CDS clearing service
JP Morgan is using LCH CDSClear to act as a clearing broker in credit default swaps for Swedish pension fund AMF.
LSEG acquires stake in AcadiaSoft
LSEG’s LCH Group will work alongside AcadiaSoft to bring new products to the non-cleared market.
LCH gains approval to act as CCP in Mexico
Banco de México grants approval for LCH to act as CCP for Mexican-domiciled market participants.
ICE Clear Europe CDS sales director joins LCH
Michael Amakye joins LCH as head of CDS sales following a six year stint at ICE Clear Europe.
FTSE Russell and LCH drive profits at LSEG
LSEG saw total revenues increase 17% in 2017 compared to the year prior.