Daniel Maguire will continue with role as global head of rates and FX derivatives as well as COO responsibilities.
Eurex and CME Group recorded record trading volumes in listed interest rate derivatives, while LCH saw record cleared swaps volumes.
LCH seeks to grant wider clearing access to buy-side CDS traders, a move which could boost liquidity.
The partnership will allow FirstRand Securities to complete the process of becoming a direct clearing member of LCH.
Clearing volumes for interest rate derivatives increased 25% over 2016, spurred by regulation and the migration to new cleared products.
Buy-side cleared inflation swaps volumes have rocketed since 1 September with dealers offering cheaper prices.
SwapClear service saw increased activity since margin rules were implemented in September this year.
LCH has expanded into new territory with a service to put it at the centre of the non-cleared derivatives market.
LCH technology upgrade will improve efficiency and risk management capabilities.
Central Counterparties (CCPs) should create Living Wills as part of their resolution planning, according to LCH.