LCH.Clearnet

169 results about this entity

Period: 01 Sep 2004 - 11 Jun 2024

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Japan to build CCP for OTC derivatives trading

Japan to build CCP for OTC derivatives trading

Japan Securities Clearing Corporation (JSCC) has announced plans to develop a central clearing counterparty for interest rate swaps and credit default swaps.

LCH.Clearnet looks to deal with bidding consortium

LCH.Clearnet looks to deal with bidding consortium

LCH.Clearnet has responded to last week's EUR830 million offer from a consortium of banks and Icap by indicating its willingness to interweave elements of the bid with its own restructuring plans. Meanwhile, the clearing house is also set to restructure its technology platform in a bid to save millions of euros a year.

Icap consortium makes EUR830m LCH.Clearnet bid - FT

Icap consortium makes EUR830m LCH.Clearnet bid - FT

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.

LCH.Clearnet agrees competitive clearing deals

LCH.Clearnet agrees competitive clearing deals

Just days after revealing swinging price cuts, LCH.Clearnet has stepped up the pressure on rivals by agreeing new competitive clearing offerings for European MTFs Bats Europe, Chi-X, Turquoise and Nyse Arca Europe.

LCH.Clearnet slashes clearing costs

LCH.Clearnet slashes clearing costs

LCH.Clearnet is to slash its fees by a third as it responds to the arrival of fresh competition inspired by an EU-mandated Code of Conduct for European clearing agreed last year.

DTCC calls off LCH.Clearnet merger

DTCC calls off LCH.Clearnet merger

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.

LCH.Clearnet recruits BarCap's Joe Reilly to lead SwapClear

LCH.Clearnet recruits BarCap's Joe Reilly to lead SwapClear

LCH.Clearnet has recruited Joe Reilly from Barclays Capital to head up its SwapClear over-the-counter interest rate clearing unit.

LSE abandons exchange traded CFDs project

LSE abandons exchange traded CFDs project

The London Stock Exchange (LSE) has abandoned plans to launch an exchange traded contract for difference (ETcfds) service following discussions with bank and broker clients.

Icap abandons exchange project as Lyall exits

Icap abandons exchange project as Lyall exits

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.

LSE pulls out of LCH.Clearnet consortium

LSE pulls out of LCH.Clearnet consortium

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.

LCH.Clearnet to open New York office

LCH.Clearnet to open New York office

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.

LCH.Clearnet mulls buying out investors - FT

LCH.Clearnet mulls buying out investors - FT

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.

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