LCH SA is targeting going live with a sponsored repo clearing scheme for the buy-side in 2019.
Kate Birchall joins LCH from National Australia Bank, replacing previous region head Marcus Robinson.
Senior markets business head at the London Stock Exchange becomes EuroCCP's new chief executive officer, replacing CEO Diana Chan who leaves after 10 years in the role.
The enhancements include a direct buy-side access link with LCH RepoClear, added tri-party repo services, and a new collateral optimisation tool.
LCH sees several new records in the first half of this year for foreign exchange and OTC interest rate swap clearing.
JP Morgan is using LCH CDSClear to act as a clearing broker in credit default swaps for Swedish pension fund AMF.
LSEG’s LCH Group will work alongside AcadiaSoft to bring new products to the non-cleared OTC derivatives market.
Parel will continue to provide DvP settlement services to LCH and direct access to TARGET2 Securities (T2S).
LCH clearing and compression volumes rose across the board in 2017, and plans to further expand FX product offering.