LCH.Clearnet’s world-class risk management framework provides the markets with exceptional levels of protection. Both the soundness of its risk management approach and the resilience of its systems have been proven in recent times.
As demand for robust clearing services continues to grow, LCH.Clearnet is committed to setting and maintaining the highest standards across all asset classes cleared.
The driving force behind our risk management activities is a dedicated team of risk managers, who share a wealth of experience and a convincing record of successfully managed defaults – including Lehman Brothers in September 2008 and MF Global in 2011.
LCH.Clearnet successfully managed defaults
Drexel Burnham Lambert - 1990
Woodhouse Drake and Carey (Commodities) Limited - 1991
Baring Brothers & Co Limited - 1995
Griffin Trading Company - 1998
Lehman Brothers International (Europe) - 2008
Lehman Brothers Special Financing Inc - 2008
MF Global UK Ltd - 2011
Cyprus Popular Bank Co Ltd - 2013
LCH.Clearnet Ltd, LCH.Clearnet SA and LCH.Clearnet LLC are distinct legal entities with their own rulebooks and processes.