LCH clears first trade for Mexican bank

 

By using LCH SwapAgent, customers can benefit from LCH’s experience in servicing the derivatives market as well as realising capital and operational efficiencies resulting from a simplified and standardised trade process. Nathan Ondyak, Global Head of LCH SwapAgent, said: We are pleased that LCH SwapAgent is now live.

The clearinghouse joins a large group of more than other market participants to commit to the global code. LCH joins the club The clearinghouse joins a large group of more than other market participants to commit to the global code. Andreessen Horowitz invests in a stablecoin crypto project October 1, Screenshot of a breaking news alert e-mail from Q2 Please check your email to confirm your subscription Something went wrong We hate SPAM and promise to keep your email address safe x LCH Limited LCH , a global clearing house, has announced that it is now actively clearing trades on behalf of a Mexican-domiciled participant. Be it a typo or a factual error - we do our best but we are also human!

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LCH is committed to continuing our work with customers and regulators to help facilitate a smooth transition to new reference rates. Akash Agrawal, USD Swaps Trading, Credit Suisse, commented: The transition to SOFR is an important element in the global rates .

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