LCH and LCH SA RepoClear see record year 13 December 2018London Reporter: Jenna Lomax
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LCH Ltd and LCH SA RepoClear have had a record year in 2018, clearing over €183tn in nominal over the year to date.
LCH’s cash bond and repo service, which is approaching its 20-year anniversary next year, found at the end of November, gross outstanding nominal stood at €1.35 trillion at RepoClear.
RepoClear has also seen customer growth, with 10 new memberships and more than 75 market extensions across RepoClear and SA this year.
LCH said the new memberships “reflect members’ appetite to benefit from the expanding netting pools.”
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