In aggregate, LCH SwapClear has successfully converted approximately 600,000 USD LIBOR contracts with notional value of $45tr.
May 23, 2023LCH will clear Bitcoin index futures and options contracts traded on GFO-X, an FCA-regulated digital asset derivatives trading venue.
April 14, 2023The final switch to ARRs for the remaining USD LIBOR-linked contracts will entail "an extra level of complexity", says Scott O'Malia.
March 28, 2023EU market participants will have to hold "active accounts" at EU CCPs for clearing certain systemic derivatives. Dual class shares will be introduced.
December 12, 2022DBS will be able to post Singapore government bonds as collateral, making LCH the first global offshore clearing house to accept the asset class as eligible collateral.
October 18, 2022The BOE will add SOFR overnight index swaps to the scope of contracts subject to the derivatives clearing obligation and remove USD LIBOR contracts in April 2023.
August 26, 2022The extension will encourage further development of the SORA derivatives market and deepen liquidity in longer tenors of SORA OIS.
June 21, 2022FIs that have relationships with the four banks must freeze their assets. DPT service providers are prohibited from facilitating sanctions evasion with crypto and NFTs.
March 7, 2022Tony Freeman explains why European banks are unlikely to move away from clearing trades through London absent a regulatory mandate.
February 11, 2022LCH says accepting SGD collateral will be an important tool for improving liquidity management and optimising margin costs.
October 20, 2021