LCH.Clearnet is the leading European equity central counterparty, providing clearing services to clients for equities, and equity equivalents such as exchange traded funds (ETFs), exchange traded commodities (ETCs) real estate investment trusts (REITS) and exchange traded bonds.
The EquityClear® service clears equity-based trades for LCH.Clearnet Ltd, that are executed on the London Stock Exchange (LSE), SIX Swiss Exchange, BATS Chi-X Europe and Equiduct.
The service also offers its members the ability to clear Centrally Cleared Contract for Differences (ccCFDs). LCH.Clearnet was the first European clearing provider to offer clearing services for CFDs and the first clearer globally to offer clearing for combined CFD equity trades, where the cash equity orders will be able to directly trade against ccCFDs.
The service is line with the European Commissions’ aim to increase the proportion of cleared OTC contracts, and will still enable investors to access the best market price for a trade while benefiting from all the advantages that central clearing offers. This includes reduced counterparty risk, margin offsets and collateral efficiencies. Members will also benefit from major cost and process efficiencies and give-up functionality
LCH.Clearnet SA clear transactions executed on Euronext, Bourse de Luxembourg, Equiduct, BondMatch and Galaxy. For more information on "How to connect" to LCH.Clearnet SA click here.
LCH.Clearnet SA
Christelle Girard - Head of Equities, SA
Tel: + 33 1 70 37 67 94
e-mail: [email protected]
Veronique Melun Dit Maurel - Customer Relationship Manager
Tel: + 33 1 70 37 66 54
e-mail: [email protected]
LCH.Clearnet Ltd
Roland Chai - Head of Equities, Limited
Tel: + 44 (0)20 7392 8257
e-mail: [email protected]
Ian Mackenzie - Customer Relationship Manager
Tel: + 44 (0)20 7426 7265
e-mail: [email protected]