LCH.Clearnet bags FX clearing house award

gavin-wells-lch-clearnet
Gavin Wells, LCH.Clearnet

Central clearing, driven by new regulation, has been a major issue in the foreign exchange market for several years. While there is still a great deal of work to be done before clearing becomes an integral part of the post-trade world for parts of the FX market, 2012 has seen some modest volumes cleared through central counterparties (CCPs), and LCH.Clearnet wins FX Week's inaugural award for best FX clearing house.

After several years of preparation, LCH launched ForexClear for non-deliverable

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