LCH beefs up FX with forwards clearing services

Foreign exchange currency FX adobe stock
By GlobalCapital
16 Oct 2019

LCH has expanded its deliverable FX offering, claiming to be the first central clearing counterparty to offer clearing on FX forwards.

The company said it had extended its deliverable FX proposition to include FX forwards, with members of its ForexClear service now able to clear the product in eight currency pairs.

LCH’s latest product expansion builds on the launch of deliverable FX options clearing in 2018. The group pointed ...

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