January 23, 2013
SwapClear US receives CFTC approval
The CFTC just published a press release enabling LCH to begin full operations on-shore in the US. This move is intended to remove any worries about margin assets moving offshore MF Global style and gives LCH a new competitive offering to counter other CCP offerings in the US.
This new CCP stands alone from the existing SwapClear service from every perspective, so your trades, margin calculations and settlement are all specific to the US service with no co-mingling with the ‘global’ SwapClear.
This echoes ICE & CME who both operate or intend to operate different CCPs in the US & Europe.
Checkout SwapClear US for full details.
Sep. 15, 2022
Tradefeedr Hires Alexis Fauth as Head of Data Science and Client Analytics
Sep. 06, 2022
Siege FX announces the launch of NetFix
Aug. 02, 2022
OSTTRA and LCH collaborate to reconcile bilateral OTC trade data
Jul. 26, 2022
Sell-side systems in need of upgrade for new risk reality
Jul. 15, 2022