LCH announced on August 10th that it will support a new account type representing pledged collateral for it’s SwapClear service. This should help reduce the risk that ownership rights can become…Read More
LCH has introduced CustodialSeg, a new type of client account within its SwapClear service. The account allows buy-side clients to deliver collateral directly to the clearing house and to retain…Read More
An article in IFR “Pension funds begin clearing swaps” by Christopher Whittall was primarily about OTC derivatives but had some important side comments on LCH.Clearnet and cleared repo. We take a look…Read More
New York Portfolio Clearing to be consolidated into ICE Clear Europe…Is there more to it than cost savings?
A November 29th press release from ICE and DTCC “IntercontinentalExchange Group and DTCC announce plans for Interest Rate Futures listed on NYSE DTCC” grabbed our attention. Is this just about…Read More