Who owns london clearing house

LCH has been managing risk for over years. Our journey has taken us from a small commodities clearing firm working out of a City of London backstreet, to a central counterparty that spans the globe, offering clearing services to customers across five continents and multiple asset classes. The service enables members to more efficiently manage their euro cash liquidity as well as pool highly rated sovereign and agency general collateral trades with eligible investment-grade debt.

Today, SwapClear is open to buy-side clients, allowing end users clearing options in 21 currencies, with maturities of up to 50 years, and non-IRS instruments such as inflation swaps. Reports and Accounts. Click here for more information. Clearnet needs to provide robust and prudent risk management in order to meet its overriding objective: to provide clearing members with a central counterparty of the highest quality and to safeguard the interests of the company's shareholders and contributors to its clearing funds.

For more information about risk management please click here. Click here to read about our corporate objectives. Business continuity planning is a high priority for LCH. As a systemically important financial institution, LCH. It became a subsidiary of Matif in , and of the unified French securities market, SBF Bourse de Paris , before being subsumed into Euronext in The DTCC called the merger off on April 29, , saying it would "pursue other strategic alternatives" because LCH had terminated its exclusivity agreement and had not agreed on a basis for consummating the proposed merger.

As part of the deal, Nasdaq OMX received a 3. Clearnet LLC. In , LCH became the first international player to be granted an Australian clearing license for over-the-counter products. In July, it received approval to begin clearing interest rate swaps for Australian banks via its subsidiary SwapClear. In August of Euronext extended its contract with LCH to clear trades, rather than switch to Intercontinental Exchange as it had said in April that it planned to do.

The deal is for 10 years. Clearnet - April 28, Swap Execution Facilities Regulation. The Financial Times. Financial Times.