LCH.Clearnet

169 results about this entity

Period: 01 Sep 2004 - 11 Jun 2024

ICE wins Fed approval for CDS clearing; Eurex to concentrate on Europe

IntercontinentalExchange (ICE) has received regulatory approval from the Federal Reserve to serve as a clearing house and central counterparty for credit default swap (CDS) transactions.

LSE revealed as core member of LCH.Clearnet bid consortium

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.

CDS dealers bow to pressure and commit to EU clearing counterparty

Nine of the leading dealer firms in the credit default swaps markets have committed to the use of central counterparty clearing for CDS in the European Union by end-July 2009.

LCH.Clearnet to develop eurozone clearing house for credit default swaps

LCH.Clearnet has announced plans to launch a clearing service for credit default swaps in the Eurozone by December 2009.

HSBC and JPMorgan join SwapClear; DTCC hits back at LCH.Clearnet critics

HSBC and JPMorgan have become shareholders of OTCDerivNet, the company which provides strategic direction to LCH.Clearnet's SwapClear service.

Icap-led consortium preps counter-bid for LCH.Clearnet

UK interdealer broker Icap is part of a consortium of firms mulling a bid for LCH.Clearnet, in a move that could destabilise an agreed takeover of the London clearing house by the US-based Depository Trust and Clearing Corporation.

UBS to switch clearing to SIS X-Clear

UBS is set to become the first London Stock Exchange client to switch its clearing from incumbent provider LCH.Clearnet to Switzerland's X-Clear, under a new competitive clearing regime introduced by the LSE in September.

Liffe to self-clear from Q1 next year

To terminate its LCH.Clearnet clearing contract the London-based derivatives exchange owned by Nyse Euronext will make a one-time payment of EUR260 million.

DTCC and LCH.Clearnet propose merger

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.

LCH.Clearnet eyes forex markets

Anglo French group LCH.Clearnet is looking into ways of providing clearing services for the lucrative foreign exchange markets, according to a Financial Times report.

Nyse Euronext MTF to offer competitive clearing

Transatlantic exchange Nyse Euronext has selected EuroCCP to provide clearing and settlement services for its new European multilateral trading facility (MTF) when it launches in November, but it will open up the platform to competing clearing houses next year.

LSE pursues competitive clearing model

The London Stock Exchange (LSE) has confirmed plans to allow Swiss central counterparty SIS x-clear to join LCH.Clearnet as a competitive provider of clearing services on its equity market.