LCH plans major FX clearing expansion

CCP to tackle cash-settled options, deliverable swaps and standalone service for deliverable forwards

LCH - trading - montage.jpg
LCH’s ForexClear is set to start clearing cash-settled FX options within the next year
FX Week montage

LCH’s ForexClear is set to start clearing cash-settled foreign exchange options within the next year, with a separate service for deliverable FX swaps and forwards also rumoured to be in the works. Sources say the central counterparty (CCP) may also be laying the groundwork for a potential cross-currency swaps-clearing service in the future.

“They already have forwards, but rather than clearing delta-hedged forwards for deliverable options, it will now be a standalone forwards offering,” says a

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: