Traiana delivers first NDF trade to LCH's ForexClear

- By Robert Mackenzie Smith
- 29 Jul 2013

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Post-trade technology provider Traiana has delivered its first non-deliverable forward (NDF) trade to LCH.Clearnet's ForexClear, after it revealed in June it had added ForexClear to its Harmony CCP Connect service.

ForexClear has been clearing interbank traded NDFs since March 2012 and all NDFs cleared through the platform had, until now, been processed by MarkitServ rather than Traiana. The Traiana processed trade was in USD/KRW, executed by HSBC and another unnamed party.

"We are pleased to

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