LCH Group Services: 2023 Highlights mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.
<ul>
<li>Record volumes registered across LCH clearing services including SwapClear, ForexClear, RepoClear, EquityClear and CDSClear, as well as at SwapAgent</li>
<li>Expansion of offering for the uncleared derivatives market through acquisitions of Quantile and Acadia</li>
</ul>
<ul>
<li>LCH services continued to support transition to risk-free rates with conversion of over $35 trillion of notional</li>
<li>LCH SwapAgent registered over 10,000 trades in 2021, a five fold increase</li>
<li>ForexClear and FXall partnership expanded FX traders’ workflows for OTC trades</li>
<li>Record clearing volumes reported across LCH services</li>
</ul>
<p><span><b>Daniel Maguire,</b> <b>Group Head, Post Trade, LSEG and CEO of LCH Group, said:</b></span></p>
<p><span><i>“LCH has continued its robust 2021 performance in Q3, with increased clearing activity from both new and existing customers. We are continuing to support our members and our clients in achieving efficiency while navigating regulatory change. The implementation of the latest phase of the uncleared margin rules in September served as a specific milestone for the derivatives market. As we enter Q4, attention is turning to the cessation of LIBOR at the end of the year and we remain committed to supporting the market in this reform and driving the migration to risk-free rates.”</i></span></p>
LCH Achieves Strong Clearing Volumes In H1 2021 mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.