Citi and Deutsche Bank execute first trades via LCH SwapAgent Service is latest innovation from LCH, introducing new efficiencies for the non-cleared derivatives market Designed to standardise and streamline OTC market infrastructure Plans to expand offering to include cross-currency swaps … Read the full press release
Posted in Banks, Investment, United Kingdom
Tagged Citi, Deutsche Bank, LCH SwapAgent, MarkitSERV, Nathan Ondyak, Stuart Bancroft
LCH SwapAgent will provide centralised trade processing, valuation, margining, risk calculation and optimisation services for the OTC bilateral rates & FX markets Service is designed to facilitate the standardisation and streamlining of bilateral OTC market infrastructure and end to end … Read the full press release
Posted in Business, Financial, Investment, Management, United Kingdom
Tagged Daniel Maguire, LCH, LCH SwapAgent, Nathan Ondyak, non-cleared derivatives market, Will Roberts
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