LCH SA Launches New Clearing Service for Digital Asset Derivatives on GFO-X to Enhance Bitcoin Futures and Options Trading

LCH SA Launches New Clearing Service for Digital Asset Derivatives on GFO-X to Enhance Bitcoin Futures and Options Trading

(IN BRIEF) LCH SA has launched its LCH DigitalAssetClear service, offering clearing for cash-settled Bitcoin index futures and options traded on GFO-X, the UK’s first FCA-regulated digital asset derivatives MTF. This new service aims to provide a secure and regulated clearing infrastructure for the digital asset market, supporting the increasing demand for digital asset derivatives. The first clearing members to join the service include ABN AMRO Clearing Bank, Nomura International Plc, and Standard Chartered Bank. The collaboration between LCH SA and GFO-X marks a significant step forward in integrating regulated and trusted infrastructure for this rapidly growing asset class.

(PRESS RELEASE) LONDON, 14-May-2025 — /EuropaWire/ — LCH SA, a leading global clearing house, has announced the launch of its new clearing service, LCH DigitalAssetClear, designed specifically for cash-settled Bitcoin index futures and options contracts. The contracts will be traded on GFO-X, the UK’s first FCA-regulated multilateral trading facility (MTF) for digital asset derivatives. This development marks a significant step in expanding LCH SA’s service offering, as it continues to diversify into the rapidly growing digital asset market.

The LCH DigitalAssetClear service aims to provide a secure, regulated, and segregated clearing environment for digital asset derivatives, addressing the increasing demand for trusted infrastructure in the digital asset space. The service will clear all Bitcoin index futures and options traded on GFO-X, using the GFO-X/Coin Metrics Single Asset Real-Time Bitcoin Index (GFOXBR). This index, compliant with the EU Benchmark Regulation, represents the U.S. dollar price of Bitcoin.

The first clearing members to join the new service include ABN AMRO Clearing Bank, Nomura International Plc, and Standard Chartered Bank, who will offer clearing services to market participants and trading participants on LCH DigitalAssetClear.

Marcus Robinson, Head of DigitalAssetClear and CDSClear at LCH, expressed his enthusiasm for the launch: “We are excited to offer this new service from LCH SA, which addresses the growing need for regulated, segregated clearing options for digital asset derivatives. By integrating this service within the established, secure infrastructure of LSEG’s post-trade ecosystem, we are providing a trusted route for market participants to engage with digital assets.”

Arnab Sen, CEO and Co-Founder of GFO-X, also expressed excitement about the new service, noting: “Partnering with LCH SA to integrate LCH DigitalAssetClear into our UK-regulated venue enhances the risk mitigation solutions available to institutional investors. We believe that as the digital asset derivatives market grows, especially options, it is essential to offer regulated services and counterparty risk mitigation to support its scaling.”

This new collaboration between LCH SA and GFO-X reflects the increasing importance of regulated clearing for digital assets. It highlights LCH SA’s commitment to delivering secure, efficient, and regulated solutions for a market that is seeing exponential growth.

About Post Trade Solutions

Post Trade Solutions brings together Acadia, Quantile and SwapAgent to streamline operations, reduce risk and improve capital efficiency.

By connecting with existing cleared infrastructure, we bring the benefits of clearing to the bilateral space, driving efficiency no matter where customers choose to trade their risk.

By combining our top-tier solutions with continuous innovation we can streamline workflows and operations, centralise data on open-access platforms, optimise to reduce risk and improve capital efficiency, analyse to simplify regulatory compliance, and advise our community to solve the industry’s most complex challenges.

Our network includes over 3,000 firms, including all the top dealer banks, regional banks, buy-side firms and corporates.

For more information, visit our website.

About LSEG

LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system.

With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities. We are dedicated partners with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes.

LSEG is headquartered in the United Kingdom, with significant operations in 65 countries across EMEA, North America, Latin America and Asia Pacific. We employ over 26,000 people globally, more than half located in Asia Pacific.

LSEG’s ticker symbol is LSEG.

This document has been provided to you for informational purposes only and is intended as an overview of certain aspects of, or proposed changes to, the SwapClear, Listed Interest Rates, SwapAgent and/or any other service provided by LCH Group Holdings Limited (“LCH Group”) or any of its group undertakings (group undertakings shall be construed in accordance with section 1161 of the Companies Act 2006; each an “LCH Group Company”).

LCH Limited is supervised by the Bank of England within the UK regulatory framework, registered as a derivatives clearing organisation with the U.S. Commodity Futures Trading Commission (“CFTC”) and recognised as a third-country CCP under Regulation (EU) No. 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (“EMIR”). LCH S.A. is regulated and supervised in France by the Autorité des Marchés Financiers, the Autorité de Contrôle Prudentiel et de Résolution and the Banque de France, authorised as an E.U. CCP under EMIR, registered as a derivatives clearing organisation with the CFTC and as a clearing agency with the U.S. Securities and Exchange Commission. LCH Limited and LCH S.A. also hold licenses or authorisations in other jurisdictions in which they offer their services. More information is available at www.lseg.com.

The relationship of an LCH Group Company with its members is governed solely by its rulebook and certain other ancillary documentation, as applicable. This document does not, and does not purport to, contain a detailed description of any aspect of a service provided by an LCH Group Company or any other topics discussed in this document, and it has not been prepared for any specific person. This document does not, and does not seek to, constitute advice of any nature. You may not rely upon the contents of this document under any circumstance and should seek your own independent legal, investment, tax and other advice. The information and any opinion contained in this document does not constitute a recommendation or offer with respect to any derivative contract, financial instrument, security or service. No LCH Group Company makes any representation, warranty, condition or guarantee (whether express or implied) that the contents of this document are accurate, complete or up-to-date, and makes no commitment to offer any particular product or service. No LCH Group Company shall have any liability for any losses, claims, demands, actions, proceedings, damages, costs or expenses arising out of, or in any way connected with, the information contained in this document, except that each LCH Group Company accepts liability that cannot be excluded by applicable law.

Copyright © LCH Limited 2025. All rights reserved. Copyright © LCH S.A. 2025. All rights reserved. LCH SwapClear, LCH CDSClear, LCH ForexClear, LCH RepoClear, LCH EquityClear, LCH SwapAgent and €GCPlus are registered trademarks of LCH.

The information contained in this document is confidential. By reading this document, each recipient agrees to treat it in a confidential manner and will not, directly or indirectly, disclose or permit the disclosure of any information in this document to any other person (other than its regulators or professional advisers who have been informed of the confidential nature of the information) without the prior written consent of the relevant LCH Group Company to whom such confidential information belongs.

Media Contact:

LSEG Press Office
Harriet Leatherbarrow
Tel: +44 (0)20 7797 1000
Email: newsroom@lseg.com
Website: www.lseg.com

SOURCE: LSEG