LCH.Clearnet Clearing Volumes Increase 20% In 2005

LCH.Clearnet Group, the pan European clearing house, announced record volumes for 2005. Exchange traded and over the counter transactions rose to 1.25 billion contracts, an increase of 20% on 2004 (1.042 billion contracts). Contracts cleared in 2005 represent approximately EUR

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LCH.Clearnet Group, the pan-European clearing house, announced record volumes for 2005. Exchange-traded and over-the-counter transactions rose to 1.25 billion contracts, an increase of 20% on 2004 (1.042 billion contracts).

Contracts cleared in 2005 represent approximately EUR 408 trillion.

“The increased volumes for 2005 have been delivered across the broadest range of central counterparty (CCP) services worldwide,” said David Hardy, CEO LCH.Clearnet Group. “It is a clear reflection of the value placed by market users upon the benefits delivered by the leading CCP in Europe, active across OTC markets and serving a wide range of exchanges and trading platforms.”

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