302 results about this entity
Period: 14 Apr 2005 - 18 Nov 2024
News
A consortium of 11 banks and interdealer broker Icap has launched an EUR830 million bid for LCH.Clearnet just weeks after the Depository Trust and Clearing Corporation called off its pursuit of the London clearing house, according to the Financial Times.
11 May 2009
The Depository Trust and Clearing Corporation has called off its pursuit of LCH.Clearnet after the parties failed to reach agreement over a proposed transatlantic merger.
29 April 2009
Interdealer broker Icap is to abandon plans to launch its own derivatives exchange following a business review which has led to the departure of chief operating officer for exchange projects Cathryn Lyall.
19 March 2009
The London Stock Exchange has pulled out of a consortium of banks led by inter-dealer broker Icap that is considering a takeover bid for LCH.Clearnet. The independent clearer says it has had extensive talks with the consortium but that it is still awaiting an offer.
13 March 2009
London-based LCH.Clearnet has opened an office in New York to support a push into the US over-the-counter and exchange-traded clearing business.
11 March 2009
London clearer LCH.Clearnet is considering buying out its shareholders and converting into a user-owned utility in a bid to fend off a takeover bid from an Icap-led consortium of banks, according to the Financial Times.
05 March 2009
The Committee of European Securities Regulators (CESR) is calling for the creation of a euro-centric repository of bilaterally-agreed credit derivatives, mirroring the DTCC's Trade Information Warehouse in the US.
27 February 2009
The London Stock Exchange (LSE) has been revealed as a participant in the consortium of inter-dealer brokers and investment banks that is considering a cash offer for LCH.Clearnet.
20 February 2009
LCH.Clearnet has announced plans to launch a clearing service for credit default swaps in the Eurozone by December 2009.
13 February 2009
HSBC and JPMorgan have become shareholders of OTCDerivNet, the company which provides strategic direction to LCH.Clearnet's SwapClear service.
03 February 2009
The Depository Trust & Clearing Corporation (DTCC) has outlined plans to implement a real-time trade date guarantee for equity and corporate and municipal bond transactions, as it looks to ease concerns among market participants over security of settlement.
29 January 2009
The US-based Depository Trust and Clearing Corporation is to buy London's LCH.Clearnet for a total consideration of €739 million in an effort to create the world's leading clearing house.
22 October 2008
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