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<ul> <li>LCH SwapClear is the first clearing house to offer clearing of Overnight Index Swaps using the DESTR risk free rate</li> <li>Extension of service demonstrates LCH’s commitment to supporting interest rate benchmark reform globally</li> <li>LCH SwapClear offers clearing for interest rate products across 27 global currencies</li> </ul>
<p><span>Following the successful conversion of GBR LIBOR swap contracts into SONIA this weekend, Susi de Verdelon, Head of SwapClear and Listed Rates at LCH Ltd. said<b>:</b></span></p> <p class="xxmsonormal"><span><i>“LCH SwapClear successfully converted around 185,000 GBP LIBOR swaps contracts into SONIA this weekend, the risk free rate (RFR) equivalent, representing an aggregate value of £11.3 trillion."</i></span></p>
<p><b>Susi de Verdelon, Head of SwapClear and Listed Rates, LCH Ltd:</b></p>
/PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company,...
Signs Cross-Margining and Clearing Services Agreement with LCH NEW YORK, Nov. 3, 2021 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading