We believe this can only help to drive innovation, lower clearing costs and provide improved service standards for all users.Looking for LCH Group’s annual reports and financial statements? LCH also provided services for Bluenext Futures EUA and Bluenext Futures CER, and today future contracts on EU Allowances and on Certified Emission Reductions. LCH SA is our Continental European clearing house, offering clearing services for credit default swaps (CDS), repos and fixed income, commodities, cash equities, and equity derivatives. LCH is regulated or overseen by the national securities regulator and/or central bank in each jurisdiction from which it operates. LCH clears equity-based trades that are executed on the London Stock Exchange (LSE), SIX Swiss Exchange, BATS Chi-X Europe, LCH was the first in Europe to launch a clearing service for LCH's centrally cleared CFD (ccCFD) service, in conjunction with LCH has been working with fixed income markets since 1998, and provides clearing services covering French, Italian and Spanish Government debts, on cash and repo transactions traded by financial institutions including Euro-MTS, MTS-France, MTS Italy, ICAP (BrokerTec) and Tullett Prebon, and trade providers such as the Euroclear Trade Capture and Matching System (EUROCLEAR's matching system), and Viel/Tradition. To date, over 2 million trades in SwapClear have an aggregate notional principal amount of over $316 trillion. La Ligue canadienne de hockey (LCH) se soucie de votre vie privée. Nous croyons en une méthode transparente lors de la cueillette et l’utilisation de vos renseignements personnels.
This means that our clearing offering has to abide by the regulatory requirements established by financial supervisors in multiple jurisdictions.While any eligible party is welcome to clear at LCH, members can rest assured that our membership criteria ensures a high and stringent level of risk management is required of all participants.This gives our customers the best of both worlds: a large and diversified clearing community, balanced against robust risk management standards. In … LCH provides clearing services to clients for OTC Emissions trading and the US electricity trading on the Nodal Exchange (the first independent electronic commodities exchange offering locational forward trading products and services to participants in the organised North American power markets).
Here’s why.At LCH we are passionate about broadening access to central clearing.
There are €12 trillion repo trades per month (based on nominal value) cleared through LCH. ForexClear covers the most actively traded currencies in the NDF marketplace. LCH is a British clearing house group that serves major international exchanges, as well as a range of OTC markets. LCH is the largest and only user-owned and user-governed global supplier of clearing services to the derivatives markets. Based on 2012 figures, LCH cleared approximately 50% of the global interest rate swap market, and was the second largest clearer of bonds and repos in the world, providing services across 13 government debt markets. EquityClear, LCH's equity clearing service, offers clearing for equities and equity equivalents such as exchange traded funds (ETFs), exchange traded commodities (ETCs), real estate investment trusts (REITS) and exchange traded bonds.
Welcome to LCH. The LCH Group consists of to subsidiaries: LCH Ltd and LCH SA. The CDS service provides full STP multilateral clearing, reduced counterparty risk and post-trade anonymity and encompasses the core requirements as determined by key industry and policy groups, including ISDA, CESR, the ECB and the European Commission. Launched in 1999, SwapClear initially cleared plain vanilla interest rate swaps in four major currencies. Members and clients benefit from an open-access model that offers a choice of execution venues, delivering unprecedented choice and efficiencies to the marketplace. The default was fully resolved well within the margin held and at no loss to other market participants. Subsequent phases of development will include a broader range of currencies and tenors, along with additional OTC foreign exchange products such as NDOs, FXOs, NDF crosses, Forwards and Swaps. LCH is committed to opening the benefits of central clearing to the entire market. SwapClear is a global clearing service for OTC interest rate swaps, and currently clears more than 50% of the global notional market. LCH.Clearnet LLC (exempted) - Order. A key area of proposed legislation is mandatory central clearing for some OTC derivative instruments, including foreign exchange. The service offers unique levels of security to clients and has added functionality to support the segregation of client portfolios and margin. In September 2008, LCH successfully managed Lehman Brothers’ US $9 trillion interest rate swap default, comprising over 66,000 trades, by implementing SwapClear's default management process. LCH's Freight service was launched in September 2005 with the support of the freight broking community. LCH offers clearing services to members and clients across the globe. It provides an independent clearing service for the registration of OTC Forward Freight Agreements (FFAs) for the most actively traded routes; thirteen dry and ten wet routes, as well as options on the four dry timecharter routes: Capesize, Panamax, Supramax and Handysize. Additional markets served include: German Jumbo Pfandbriefe and Supranationals, Agency and Sovereign.
With our global reach, we work closely with our members and client base from across the world to deliver robust risk management solutions for existing and new international markets. And you can read it in our thought leadership on the most pressing issues facing our industry, such as standardised clearing house stress testing and CCP recovery and resolution.As the markets’ partner, LCH operates an open access model, offering a range of execution venues and delivering unprecedented choice and efficiencies to the marketplace.Below, you can learn more about the asset classes we clear and the trading venues and settlement providers we partner with.Our multi-asset offering and world-class risk management capabilities have positioned LCH as a leading multinational central counterparty.