LCH (LSEG)
Global clearing house offering multi-asset post-trade clearing services with rigorous risk management.
Overview
LCH is a global clearing house operating across multiple jurisdictions, asset classes, and currencies. It provides clearing services for equities, fixed income, FX, rates, repos, credit default swaps, options on CDS, and digital assets, supporting market participants worldwide.
LCH operates through LCH Ltd and LCH SA, offering an open access model that connects to various execution venues. Its services include CDSClear, DigitalAssetClear, EquityClear, ForexClear, Listed Rates, RepoClear, and SwapClear, each designed to enhance risk management, capital efficiency, and operational settlement efficiency.
The DigitalAssetClear service is fully regulated and provides segregated clearing for cash-settled Bitcoin index futures and options, reflecting LCH's commitment to innovation and regulatory compliance in digital asset derivatives clearing.
Key Features
- + Multi-asset class clearing including equities, fixed income, FX, rates, repos, CDS, and digital assets
- + Open access model connecting to multiple execution venues
- + Sophisticated risk management standards to reduce counterparty risk
- + Segregated clearing services for digital asset derivatives
- + Support for OTC and listed derivatives margin and capital efficiencies
- + Global presence with multi-jurisdictional operations
- + Balance sheet netting opportunities to enhance liquidity management
- + Transition support to risk-free reference rates (RFRs)