Íø±¬³Ô¹Ï

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
≔ Menu
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Derivatives news
  3. LCH CDSClear reaches new volume heights
Derivatives news

LCH CDSClear reaches new volume heights


23 September 2019 London
Reporter: Maddie Saghir

Generic business image for news article
Image: Shutterstock
LCH CDSClear, a credit default swap (CDS) clearing service, cleared a record-breaking $10 billion on 18 September, marking the highest volume it has ever cleared in a single day.

The previous daily record for CDSClear was €9.2 billion notional, which was set in June 2019.

CDSClear is the Eurozone-based clearing service of LCH, the rates and multi-asset clearing house.

According to LCH, CDSClear volumes and market share have been surging for more than 18 months, reflecting the growing popularity of a service that reflects the needs of both members and their clients.

LCH serves a number of exchanges and platforms as well as over the counter markets, its services include: CDSClear, ForexClear, SwapClear, CommidityClear, RepoClear, SwapAgent Listed Rates, and EquityClear.

Earlier this month, when Mizuho Íø±¬³Ô¹Ï became the first Japanese financial institution to access LCH SA’s Euro debt clearing services as a member of RepoClear.
← Previous derivatives article

LCH completes clearing of its first €STR swaps
Next derivatives article →

Wematch expands platform offering
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Default

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →