The OTC Space | Category Archive

LCH Default Waterfall Update | Invoicing Back

April 3, 2013 by Bill Hodgson 1 Comment

LCH published a member note (here) regarding “invoicing back” which is component of resolving a default. There are two PDFs, of which the second sets out the order in which assets are used to fund the debts of a defaulting (direct) member, being: Initial Margin of the member in each of SwapClear, RepoClear, FXClear The […]

CCP and SDR Status Sheet as of Nov 27th

November 27, 2012 by Bill Hodgson 2 Comments

I’ve updated some charts on the status of the OTC market infrastructure: The status and notionals of CCPs using the latest data from their websites US & EU Swap Data Repositories Asia and rest of the world SDRs The CCP chart is shown below, but due to Movember, something went wrong when I uploaded it. […]

data repositories

CCP Score Sheet as of October 2012

October 16, 2012 by Bill Hodgson 10 Comments

It’s been a while since I updated my popular chart with the current notionals at the various CCPs. New entrants to this months chart include: JSCC for IRS off to a quick start with $42bn Data for CME and LCH on NDFs IDCG became SwapClear US KDPW with concrete plans to launch next month Eurex […]

clearing houses, cme, derivatives, eurex, irs, lch clearnet, murex, otc derivatives, progress report, rate swaps, software platform

LCH.Clearnet’s ForexClear breaks $50 bn notional cleared

July 17, 2012 by Bill Hodgson 0 Comments

LCH.Clearnet Group – Media Centre – Press Releases – 2012-07-17 LCH.Clearnet’s ForexClear breaks $50 bn notional cleared.

FX Clearing, LCH.Clearnet

LCH ForexClear – Fees

June 7, 2012 by Bill Hodgson 0 Comments

Not sure if this is new, but it popped up in my RSS feed from LCH. Charges to clear FX for sell-side and buy-side. LCH.Clearnet Group – Fees – Ltd – Transaction-Related Services – ForexClear.

FX Clearing, LCH.Clearnet

ForexClear – How it works

March 19, 2012 by Bill Hodgson 0 Comments

LCH.Clearnet Group – Foreign Exchange – ForexClear – How it works.

LCH.Clearnet launches OTC FX clearing

March 19, 2012 by Bill Hodgson 0 Comments

LCH.Clearnet Group – Media Centre – Press Releases – 2012-03-19 LCH.Clearnet launches OTC FX clearing.

ICE launching FX NDFs service in Q2 2012

March 14, 2012 by Bill Hodgson 0 Comments

IntercontinentalExchange, Inc. – Press Releases. It’s getting crowded in the FX NDF clearing space – once I launch my own service, firms will be spoiled for choice.

FX Clearing, ICE

LCH.Clearnet receives Regulatory non-objection to launch OTC FX clearing

March 13, 2012 by Bill Hodgson 0 Comments

LCH.Clearnet Group – Media Centre – Press Releases – 2012-03-13 LCH.Clearnet receives Regulatory non-objection to launch OTC FX clearing. In other words, expect to see FXClear go live very soon.

FX Clearing, LCH.Clearnet