LCH.Clearnet

169 results about this entity

Period: 01 Sep 2004 - 11 Jun 2024

LCH.Clearnet turns to Tata for derivatives clearing platform; unwinds Lehman positions

The largest clearing house in Europe, LCH.Clearnet, has selected Tata Consultancy Services (TCS) Financial Solutions Bancs product as the underlying system for its multi-asset derivatives clearing platform.

European clearing code failing to deliver

More than 80 formal applications have been made by clearing and settlement houses for interoperability and mutual access in accordance with the European Commission's voluntary code of conduct, but none has gone live.

Plus to launch dark liquidity pool

Plus Markets, the quote-driven trading system for AIM-listed stocks, is launching a dark liquidity pool for small and mid-cap securities as part of a programme of enhancements to its platform.

ICE Clear Europe further delays London clearing launch

Energy derivatives exchange ICE Clear Europe has further delayed the launch of its new London clearing house until September, due to technical issues associated with the transfer of traders' open interest positions from incumbent clearer LCH.Clearnet.

Nasdaq OMX to provide platform for Hong Kong commodity exchange

Nasdaq OMX has secured a deal to supply the technology infrastructure for a new commodities exchange that will launch in Hong Kong early next year.

Industry association to probe exchange clearing

The Futures and Options Association (FOA) is to probe plans by IntercontinentalExchange (ICE) and Liffe to establish clearing houses in Europe as part of a larger investigation into the exchange clearing business in the region.

Smartpool selects EuroCCP and LCH.Clearnet for clearing and settlement

EuroCCP and LCH.Clearnet have both been selected to provide clearing and settlement services for SmartPool - the pan-European electronic block trading platform being established by Nyse Euronext in partnership with HSBC and BNP Paribas.

David Hardy quits MF Global

David Hardy - the former head of LCH.Clearnet - has stepped down from his position of head of strategic market development at commodity broker MF Global.

LCH.Clearnet and DTCC in merger talks - report

European clearing house LCH.Clearnet is reported to be in talks with the US Depository Trust & Clearing Corporation (DTCC) about a possible merger that would create the first transatlantic provider of post-trade services.

European securities depositories to launch settlement venture

A group of seven European central securities depositories (CSDs) are gearing up to launch a joint venture aimed at cutting settlement costs across the region in accordance with the European Commission's voluntary code of conduct.

Liffe confirms clearing house plan

London-based derivatives exchange Liffe has confirmed plans to establish its own clearing house and says it will renegotiate contract terms with its current supplier LCH.Clearnet.

Rainbow in talks with LSE over EDX

Rainbow - the European exchange being set up by investment banks - has approached the London Stock Exchange about taking over the bourse's EDX derivatives business and making it the basis of its new trading platform.