Accessibility Links
LCH.Clearnet has appointed Ed Watts as senior country adviser, to head a new office opened by the Anglo-French independent clearing house in New York.
Watts’ appointment, which takes effect immediately, is designed to support US...
“A lot of banks have spent a lot of money calculating the cheapest way to collateralise their positions, and they’ve hired some very bright mathematicians to do it. Why would they gamble all of that by using the cheapest clearing house?”
Senior rates players believe fears of a race to the bottom among clearing houses has been overstated.