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LCH ForexClear reached new clearing highs in August 2024, with records of US$501bn in FX options notional, breaking US$500bn in a single month for the first time, and US$106bn notional in client clearing – up 58% year-on-year and breaking US$100bn in a month for the first time. We also saw record US$2.9trn in NDF notional cleared, as market participants continue to see benefits from FX clearing. See our dashboard for more highlights.

LCH’s Listed Rates clearing service, in partnership with FMX Futures Exchange, enables members and clients to generate margin and operational efficiencies between their OTC and listed rates derivatives.

LCH Rates Online Margin Calculator provides users with key drivers, enabling you to optimise and ultimately deliver margin efficiencies to your LCH cleared portfolio.

LCH Rates Portfolio Margining service generates margin and operational efficiencies between your OTC and US dollar listed rates derivatives positions.

LCH ForexClear cleared more than 150,000 trades in LatAm currency pairs in Q2 2024, with total notional cleared reaching over US$1.4 trillion.

LCH ForexClear compression cycles are risk-free, do not change the risk profile of the parties portfolio and is offered for both deliverable and non-deliverable forwards (NDFs) for all currency pairs.

Market participants continue to see the margin, capital and operational efficiency benefits of FX clearing, which is driving significant growth at LCH ForexClear. In July 2024, cleared FX options volume reached US$483bn, 120% increase vs July 2023. See our dashboard for highlights.

ForexClear delivers unmatched capital and operational efficiencies, including the flexibility and choice of both US and European clearing models. 

LCH’s solution for non-deliverable and deliverable FX, delivering unmatched capital, margin and operational efficiencies.

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.