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The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
<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>
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<p><b>LCH Ltd</b></p>
<p>Announcements from the EC and ESMA confirmed that there is <b><a href="https://www.lch.com/membership/ltd-membership/ltd-member-updates/brexit-update-lch-limited-article-25-third-country-4" target=" blank">no change to LCH Ltd’s ability to continue to provide clearing services to all EU members and clients</a></b>.</p>
<ul>
<li>PGGM is first to use the service, clearing a euro repo as a Sponsored Member of RepoClear SA</li>
<li>Sponsored Clearing at RepoClear SA enables buy-side member firms to directly access repo clearing across 13 euro debt markets and €GCPlus</li>
<li>Expansion to buy-side increases multilateral netting opportunities for members</li>
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