Euroclear Bank joins LCH RepoClear
22 May 2025 UK
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Euroclear Bank’s Treasury division has joined the French arm of LCH RepoClear as a direct clearing member.
Through this move, Euroclear Bank can access the netting and risk management efficiencies available through the service, expanding its long-standing partnership with RepoClear.
Michel Semaan, global head of LCH RepoClear at the London Stock Exchange Group (LSEG), said: "This is a significant moment for the growth of the service, as we broaden the range of financial institutions we serve, and so that large cash providers, such as Euroclear Bank, can benefit from our product offering."
In joining LCH RepoClear, Euroclear Bank will be active both in the specials and €GCPlus, a central clearing service for the triparty repo market, as a key cash provider.
Herve Foyan Djoudom, head of Treasury and Asset and Liability Management at Euroclear Bank, adds: “Expanding [our] repo clearing capabilities enables us to achieve greater capital and operational efficiencies while enhancing our risk management solutions.
“This step aligns with our strategy of promoting safety and resilience in the financial markets.”
Through this move, Euroclear Bank can access the netting and risk management efficiencies available through the service, expanding its long-standing partnership with RepoClear.
Michel Semaan, global head of LCH RepoClear at the London Stock Exchange Group (LSEG), said: "This is a significant moment for the growth of the service, as we broaden the range of financial institutions we serve, and so that large cash providers, such as Euroclear Bank, can benefit from our product offering."
In joining LCH RepoClear, Euroclear Bank will be active both in the specials and €GCPlus, a central clearing service for the triparty repo market, as a key cash provider.
Herve Foyan Djoudom, head of Treasury and Asset and Liability Management at Euroclear Bank, adds: “Expanding [our] repo clearing capabilities enables us to achieve greater capital and operational efficiencies while enhancing our risk management solutions.
“This step aligns with our strategy of promoting safety and resilience in the financial markets.”
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