LCH Clearnet has applied for an extension of its US clearinghouse designation, a move which could facilitate the listing of additional products, including Eurodollar, on Euronext Liffe's US subsidiary, NQLX.
In 2001, prior to its merger with Clearnet, LCH was granted regulatory approval to offer central counterparty (CCP) services for certain over the counter markets in the US. The company has now applied...