LCH Sees Spike In Swap Clearing Biz In Q4

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LCH Sees Spike In Swap Clearing Biz In Q4

LCH.Clearnet said its SwapClear unit expects to see a surge in U.S. interest-rate swap clients in the fourth quarter with the finalization of clearing regulations, according to Floyd Converse, head of U.S. sales at SwapClear.

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