European Securities Forum (ESF) Welcomes Clearnet-LCH Merger

The European Securities Forum has welcomed the merger between London Clearing House and Clearnet as "an important further step toward integrated clearing and settlement in Europe." The lobbying group says that the characteristics of LCH Clearnet concur with ESF's key

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The European Securities Forum has welcomed the merger between London Clearing House and Clearnet as “an important further step toward integrated clearing and settlement in Europe.” The lobbying group says that the characteristics of LCH-Clearnet concur with ESF’s key principles for central counterparties “to the broadest extent currently feasible. In particular, the sizeable number of markets and instruments covered by LCH Clearnet will substantially contribute to the markets users’ principal objectives of reducing cost and risk.”

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