LCH, part of London Stock Exchange Group, has reported record clearing volumes across its services for 2022, mainly due to further product and regional expansion
The Amsterdam-based clearing house reports that it is the first non-UK CCP to be granted permanent recognition by the Bank of England, having been a participant in the UK’s Temporary Recognition Regime from 2020
This OTC clearing module offers new proprietary enhancements to clearing members, including trade compression, improved risk management functions and valuation procedures
The clearing house indicates that these trades confirm its commitment to supporting benchmark transition in cleared and bilateral Nordic markets and the reform of interest-rate benchmarks worldwide
The taskforce, announced 9 December 2022, will be headed by Charlie Geffen
MUFG Bank is the first Japanese bank to use the service
The paper, ‘Reimagining the Corporate Actions Operating Model’, finds that difficulties to scale can be seen across the industry
