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As members continue to benefit from reduced trading frictions via standardisation of uncleared rates and FX derivatives, LCH’s SwapAgent service has seen strong growth in participation and volumes, with new trade average daily value (ADV) up 30% and notional registered up 68% in Q2 2024 (vs Q2 2023). See our dashboard for highlights.

LCH CDSClear has seen significant growth in H1 2024, with €2.63trn notional cleared up 15% vs H1 2023. €426bn client notional was cleared, up 88% vs H1 2023. This has been driven by members and clients, who continue to benefit from access to the broadest range of credit derivatives eligible for clearing globally. See our dashboard for highlights.

LCH RepoClear continues to partner with the market to innovate and unlock new opportunities for members and clients to increase capacity and benefit from multilateral netting. This led to record cash bond activity at LCH SA RepoClear in Q2 2024, reaching €3.9trn in nominal cleared, up 86% vs Q2 2023. See our dashboard for highlights and new developments.

LCH SwapClear has continued to see significant growth with US$373trn notional registered in Q2 2024, up 26% year on year. Members and clients are continuing to access SwapClear's deep OTC interest rate swap liquidity, and benefit from the margin, netting and capital efficiencies of clearing. See our dashboard for highlights.

LCH ForexClear saw new highs in FX Options average daily volume (ADV) in June 2024, up 126% vs June 2023. This included a new record day of US$48bn in FX Options notional cleared on 27 June 2024, with members continuing to see capital, margin and operational efficiencies from FX clearing. See our dashboard for highlights.

EquityClear is LCH’s pan-European clearing service for Equities and ETPs and provides market participants access to a broad and range of trading venues and multiple central securities depositories (CSDs). Our innovative solutions aim to enhance customers’ risk management and mitigate systemic risk, while delivering greater efficiencies. See our factsheet for more information.

LCH SA RepoClear’s €GCPlus service is a triparty basket repo solution that increases capital and operational efficiencies by helping you better manage your Euro cash liquidity. Learn more:

LCH ForexClear has continued to see strong growth in client clearing activity, with $85bn notional cleared in May 2024, up 66% year on year. Our service also saw three new clients join in May, as more market participants continue to see the benefit of margin, capital and operational efficiencies from FX clearing. See our dashboard for highlights.

LCH CDSClear offers further choice for credit clearing in the US, providing access to established liquidity and the broadest range of CDS products eligible for clearing of any CCP globally. Learn about the benefits of partnering with us in our factsheet.

With market participants continuing to see margin, capital and operational efficiencies from FX Clearing, LCH ForexClear saw significant growth in April 2024 with new records in FX Options volume and FX Options average daily volume (ADV), and year-on-year increases in client NDF ADV. See our April dashboard for highlights.