LCH RepoClear onboards M&G to Sponsored Clearing service
27 October 2026 UK
Image: Nazmul/stock.adobe.com
M&G Investment Management has become the second investment manager to use the RepoClear Sponsored Clearing service at LCH, onboarding Prudential Assurance Company (PAC) as a sponsored member.
Through the arrangement, PAC will be able to clear UK gilt repo transactions executed by M&G via Tradeweb.
According to the announcement, PAC has become the first sponsored member to clear the Sterling General Collateral Financing product.
The development marks an expansion of RepoClear's Sponsored Clearing offering, which is designed to provide buy side firms with access to central clearing through sponsorship arrangements.
Through the arrangement, PAC will be able to clear UK gilt repo transactions executed by M&G via Tradeweb.
According to the announcement, PAC has become the first sponsored member to clear the Sterling General Collateral Financing product.
The development marks an expansion of RepoClear's Sponsored Clearing offering, which is designed to provide buy side firms with access to central clearing through sponsorship arrangements.
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