Roger Liddell, chief executive of LCH.Clearnet, has said the clearing house’s planned merger with the Depository Trust & Clearing Corp will allow the new entity to expand its clearing of over-the-counter derivatives.
“The DTCC shared the same conviction to clear more OTC products,” Liddell told Futures and Options Intelligence in an interview at the Futures Industry Association’s Expo conference in Chicago on Tuesday November 11.
“Many of these products may be contracts which our customers aren’t necessarily active, in but that may change in due course,” he added....