LCH.Clearnet’s ForexClear platform was launched, offering non-deliverable forwards clearing in the Brazilian real, Chilean peso, Chinese yuan, Indian rupee, Korean won and the Russian ruble against the U.S. dollar. [In January, the firm announced that it had cleared USD500 billion of fx NDFs since its launch, with volumes boosted by USD207 billion in the fourth quarter. According to Gavin Wells, ceo, the platform aims to add further currencies to its NDF service in the near future.]
