As the European Commission finalises EMIR 2.2, it has confirmed a temporary equivalence decision for UK CCPs from January 2021.
Exchange traded products and global depository receipts cleared through LCH can be settled on Clearstream from the third quarter onwards.
Optimisation services provider Quantile has expanded its platform to include cleared interest rates following first run with LCH.
LCH launches SORA swaps clearing amid ongoing shift to alternative interest rate benchmarks.
Migration to LSEG’s clearing and risk technology platform Millennium will reduce end of processing time for market participants.
LCH has appointed former executive director for optimisation at CME Group in Japan to head up its business in the country.
Royal Bank of Canada and its Channel Islands subsidiary have joined LCH RepoClear as clearing members.
Representatives from LCH and EuroCCP highlight contradicting trends they are seeing in clearing activity throughout Europe following Brexit.
LCH says it is the first clearing house to offer clearing of subordinated financials single name credit default swaps through CDSClear.
LCH SwapClear saw notional volumes surge 14% in 2019 to $1,229 trillion as it looks to retain the derivatives clearing market amid Brexit.