UBS will become the first London Stock Exchange user to drop LCH.Clearnet in favor of Swiss clearing firm X Clear, according to the Financial Times. The LSE announced in September that it would let companies decide who cleared their trades,
UBS will become the first London Stock Exchange user to drop LCH.Clearnet in favor of Swiss-clearing firm X-Clear, according to the Financial Times.
The LSE announced in September that it would let companies decide who cleared their trades, ending LCH.Clearnet’s clear dominance.
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