LCH.Clearnet’s EquityClear® provides a clearing service for equity based trades and equity equivalents. Both order book and off order book trades are cleared.
EquityClear® offers cash equity clearing for the London Stock Exchange and SIX Swiss Exchange with settlement in Euroclear UK & Ireland, SIS, Euroclear Bank and DTCC.
EquityClear® clearing members benefit from counterparty risk management, settlement netting, straight through processing and counterparty anonymity. Customers enjoy reduced direct and indirect costs and risks associated with participating in cash equity markets.
The EquityClear® service is designed to continue to expand the service to new markets and CSDs and deepen the coverage through capturing the broadest possible spectrum of trades executed through an exchange.
Link Agreement Summary between LCH.Clearnet Ltd. and SIX x-clear AG
11 February - Margin Parameters - Cash
08 February - LCH.Clearnet and SIX x-clear publish interoperability summary
29 January - Cash Markets
31 December - SecFinex
09 December - LCH.Clearnet to clear Irish Securities for BATS Europe