LCH achieved record volumes across all of its clearing services at LCH Ltd and LCH SA.
LCH, a global clearinghouse, has published its volumes for 2018 this Monday, revealing that the firm achieved a record year. In addition, CDSClear, EquityClear, ForexClear and RepoClear all reported record volumes.
LCH is a multi-national clearing house controlled by the London Stock Exchange Group (LSEG). The clearinghouse provides Risk Management capabilities across a range of asset classes, including foreign exchange (Forex), equities, commodities and more.
According to the statement released today, the firm achieved record volumes across all of its clearing services at LCH Ltd and LCH SA. In addition, the clearing activity for equities, fixed income, and over-the-counter (OTC) derivatives clearing services all exceeded 2017 volumes.
The clearinghouse’s forex derivatives clearing service, ForexClear, also achieved a record 2018. During the year, the unit managed to clear more than $17 trillion in notional. This is an increase of 55 per cent year-on-year.
The company also expanded its forex services after it received a licence from the Japanese Financial Services Agency to clear FX non-deliverable forwards (NDFs) on behalf of the company’s clients based in Japan, as Finance Magnates reported in November.
SwapClear process more than $1 quadrillion in notional
Through its interest rate derivatives clearing service, SwapClear, LCH processed more than $1,077 trillion in notional, representing a jump of 23 per cent when measured against the same prior year period. This was the first time over $1 quadrillion has been cleared in one year, the statement said.
Commenting on the solid results, Daniel Maguire, the CEO of LCH Group, said: “2018 was a strong year of delivery and innovation at LCH, where we have continued to work in partnership with our customers on an open access basis to further expand our products and services.
“We are extremely pleased with the traction and volume records we have seen across multiple services across both our CCPs, in Paris and London. We continue to provide our global customers with certainty and risk management expertise, and we look forward to continuing to build services and products further, in collaboration with our members and clients, in 2019 and beyond.”
LCH, a global clearinghouse, has published its volumes for 2018 this Monday, revealing that the firm achieved a record year. In addition, CDSClear, EquityClear, ForexClear and RepoClear all reported record volumes.
LCH is a multi-national clearing house controlled by the London Stock Exchange Group (LSEG). The clearinghouse provides Risk Management capabilities across a range of asset classes, including foreign exchange (Forex), equities, commodities and more.
According to the statement released today, the firm achieved record volumes across all of its clearing services at LCH Ltd and LCH SA. In addition, the clearing activity for equities, fixed income, and over-the-counter (OTC) derivatives clearing services all exceeded 2017 volumes.
The clearinghouse’s forex derivatives clearing service, ForexClear, also achieved a record 2018. During the year, the unit managed to clear more than $17 trillion in notional. This is an increase of 55 per cent year-on-year.
The company also expanded its forex services after it received a licence from the Japanese Financial Services Agency to clear FX non-deliverable forwards (NDFs) on behalf of the company’s clients based in Japan, as Finance Magnates reported in November.
SwapClear process more than $1 quadrillion in notional
Through its interest rate derivatives clearing service, SwapClear, LCH processed more than $1,077 trillion in notional, representing a jump of 23 per cent when measured against the same prior year period. This was the first time over $1 quadrillion has been cleared in one year, the statement said.
Commenting on the solid results, Daniel Maguire, the CEO of LCH Group, said: “2018 was a strong year of delivery and innovation at LCH, where we have continued to work in partnership with our customers on an open access basis to further expand our products and services.
“We are extremely pleased with the traction and volume records we have seen across multiple services across both our CCPs, in Paris and London. We continue to provide our global customers with certainty and risk management expertise, and we look forward to continuing to build services and products further, in collaboration with our members and clients, in 2019 and beyond.”
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!