CDSClear offers high yield index clearing

cds
By GlobalCapital
18 Jul 2017

CDSClear, a clearing subsidiary of LCH, has extended its offering to cover the Markit CDX North American high yield index.

CDSClear claims it is the first European based central counterparty clearing house (CCP) to offer credit derivatives clearing for the high yield index. In 2016, LCH introduced clearing for the CDX North American investment grade index.

“The extension enables us to offer a single solution and greater ...

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