LCH.Clearnet

169 results about this entity

Period: 01 Sep 2004 - 11 Jun 2024

Howls of protest greet proposals to limit bank-ownership of clearing houses

A proposed amendment to the US financial reform bill that would limit bank ownership of derivatives clearing houses has been met by a wave of criticism from financial market participants.

LCH.Clearnet suspends interoperability work as watchdogs probe risks

LCH.Clearnet has suspended plans to begin offering clearing services across a range of execution venues next week due to regulatory concerns about systemic weaknesses in clearing house interoperability arrangements.

LCH.Clearnet shareholders approve buyout

The future of LCH.Clearnet finally appears to be settled after shareholders in the London-based clearing house voted overwhelmingly in favour of a buyout proposal.

LCH.Clearnet bids to resolve ownership

London clearing house LCH.Clearnet appears to have finally resolved the wrangling over its future ownership after proposing the redemption of over 40% of its shares at a price of EUR10 a piece - an offer accepted by its biggest shareholder, Euroclear Bank.

LCH.Clearnet taps BT Radianz network

London clearing house LCH.Clearnet has selected BT's Radianz shared market infrastructure to connect to group members around the world.

SmartPool to add mid-cap securities

SmartPool, the European exchange-led dark pool for block trading set up by Nyse Euronext, BNP Paribas, HSBC and JPMorgan, is moving into pan-European mid-cap securities.

Nyse Liffe shelves CDS clearing

Nyse Euronext subsidiary Liffe has suspended its European credit default swaps (CDS) clearing service after failing to attract a single trade since launching in December.

Nyse Euronext swings to loss on LCH.Clearnet payment; plans tech job cuts

Nyse Euronext has swung to a net loss of $182 million for the second quarter - mainly due to a $355 million severance payment made to LCH.Clearnet - and warned of impending job cuts for technology staff.

CME Group hires ex-LCH.Clearnet boss to lead European clearing

Chicago-based derivatives exchange operator CME Group has hired former LCH.Clearnet boss Andrew Lamb to head up its planned European clearing venture.

LCH.Clearnet rebuff's Icap-led takeover approach - Reuters

LCH.Clearnet last month rejected a takeover offer from an Icap-led consortium due to concerns about the business plan, according to a report from Reuters citing "two people familiar with the matter".

European exchanges and clearers lay down interoperability guidelines

Trading and clearing venues across Europe have agreed a set of standards to cover the electronic exchange of trade information between competing market infrastructures.

LCH.Clearnet to extend SwapClear to hedge funds and asset managers

LCH.Clearnet is moving to meet regulatory demands for improved risk management in the over-the-counter derivatives markets by extending its interest rate swap clearing service, SwapClear, to the broader buy-side trading community.