LCH.Clearnet

169 results about this entity

Period: 01 Sep 2004 - 11 Jun 2024

LCH.Clearnet hit by major New Year's Eve IT failure

LCH.Clearnet suffered a serious IT failure on 31 December, affecting payment processing and hindering the clearing house's contingency plans, according to the Bank of England.

IT savings to the fore as LSE agrees revised offer for LCH.Clearnet

The London Stock Exchange is expecting to realise EUR25 million in IT rationalisation and other cost savings as it agrees a revised £284 million cash offer to buy a majority stake in LCH.Clearnet.

ASX to retain clearing monopoly

The Australian Securities Exchange has won government approval to maintain its monopoly on the clearing and settlement of cash equity trades, dashing the ambitions of LCH.Clearnet to invade the territory.

ICE to acquire Nyse Euronext for $8.2bn; LSE/LCH.Clearnet talks rumble on

IntercontinentalExchange (ICE) has agreed an $8.2 billion deal to acquire Nyse Euronext in a stock-and-cash transaction.

LCH.Clearnet acquires sole ownership of International Derivatives Clearing Group

LCH.Clearnet has reinforced its commitment to the US marketplace by acquiring sole ownership of International Derivatives Clearing Group (IDCG) from Nasdaq OMX and other minority investors.

Calypso and Cinnober shortlisted for LME Clear

Calypso and Cinnober will go head-to-head in a battle to win the contract to build a new clearing house for the London Metal Exchange.

LCH.Clearnet in discussions to acquire IDCG from Nasdaq OMX

European clearing house LCH.Clearnet has confirmed that it is in discussions to acquire International Derivatives Clearing Group (IDCG) from Nasdaq OMX as it bids to grow its interest rate swaps business in the US.

Nyse to invest $85 million in new European derivatives clearing house

Nyse Euronext is to spend $85 million on developing a new clearing house for its derivatives business in Europe, terminating an existing relationship with LCH.Clearnet.

London Stock Exchange agrees deal to take control of LCH.Clearnet

The London Stock Exchange is to acquire a majority 60% stake in LCH.Clearnet in a deal valuing the clearing house at EUR813 million.

Bats Chi-X Europe rolls out four-way clearing interoperability

Bats Chi-X Europe has become the first trading platform operator to offer its customers the choice of four different clearing providers.

LSE wins race for LCH.Clearnet - Reuters

The London Stock Exchange appears set to beat off competition from Markit to take over LCH.Clearnet after securing backing from the clearer's board for a deal.

Turquoise to offer clearing choice for pan-European equities

London Stock Exchange-owned Turquoise has become the latest European trading platform to offer its customers the choice of four different clearing providers.