LCH and UK CCPs Swerve a No-Deal Disaster (For Now)

Relieved CCP Man

LCH faced with issuing a 'notice of retirement' for its UK clearing services will benefit from the European Commission granting a temporary equivalence status to UK CCPs.

LCH Move To Rewrite Processing for the Rates and FX Markets via SwapAgent

For those familiar with the DTCC Trade Information Warehouse, you'll know this was the first central end-to-end processing platform for OTC business. LCH has now moved into the Rates and FX space to perform a similar function. If you thought the pace of change was slowing, think again.

One Clearing Platform to Rule Them All

I wish Millennium and LSEG luck, in what will be the mother of all clearing projects.

End of a Clearing Project, SwapClear LLC

Wind down of SwapClear LLC in the US

ForexClear pioneer steps down amid fall-out

I spotted this story over at Euromoney.... changes at LCH.Clearnet. http://www.euromoney.com/Article/3534951/ForexClear-pioneer-steps-down-amid-fall-out.html - anybody know the background? Who knows, it may be a storm in a teacup.

Video Commentary on LSE-DB Merger from William Barkshire

A video commentary on the prospects for the LSE-DB merger and the effects on Asia, by William Barkshire, one of our contributors. Also thoughts on ICE or CME getting involved and going after LSE.


CCP Conundrums: LCH.Clearnet White Paper

The shifting capital, regulatory and industry landscape has created some unexpected consequences for CCPs. In LCH.Clearnet’s latest white paper, they examine the impact of these challenges on institutions in this new market paradigm.

Currency Swap Clearing Comes Closer

A long sought after goal is now becoming a reality, clearing Cross-Currency Swaps

CCP Notionals Scoresheet

An update to our collation of the CCP notional figures. as of February.

Pure Agency: Reducing Client Clearing Bank Capital Burdens

With adjustments to Basel III nearing completion, it's not clear whether client clearing ROE can be rendered sustainable by clearing fee increases alone.  Here I look at a way to reduce capital burdens of bank clearing members by eliminating client-driven exposures whilst keeping banks providing client clearing - the Pure Agency client clearing model.