The Clearing House (TCH) has released the findings of an independent review into the efficacy of clearing and settlement system CHIPS, conducted by technology firm FNA
LCH, part of London Stock Exchange Group, has reported record clearing volumes across its services for 2022, mainly due to further product and regional expansion
The Amsterdam-based clearing house reports that it is the first non-UK CCP to be granted permanent recognition by the Bank of England, having been a participant in the UK’s Temporary Recognition Regime from 2020
This OTC clearing module offers new proprietary enhancements to clearing members, including trade compression, improved risk management functions and valuation procedures
The clearing house indicates that these trades confirm its commitment to supporting benchmark transition in cleared and bilateral Nordic markets and the reform of interest-rate benchmarks worldwide
The offshore Yuan is the fifth currency to be settled between the two banks using a shared settlement ledger that currently encompasses the US dollar, Canadian dollar, British pound and the Euro
