SwapClear is the only truly global clearing service for over-the-counter (OTC) interest rate swaps and currently clears more than 40% of the interest rate swap market, representing trades with a total notional principal of $229 trillion.
Launched in 1999 by LCH.Clearnet, SwapClear initially cleared plain vanilla interest rate swaps in four major currencies. Today, it clears swaps in 14 currencies; USD, EUR, and GBP out to 50 years, AUD, CAD, CHF, SEK and vanilla JPY out to 30 years and the the remaining 6 currencies out to 10 years. It also clears OIS out to 2 years in USD, EUR, GBP and CHF. Over the last ten years, LCH.Clearnet has worked closely with market participants to build SwapClear into a leading and successful inter-dealer OTC clearing service providing a range of benefits to the inter-bank market.
19 August - Michael Davie appointed CEO of SwapClear
13 August - SwapClear: Revised Initial Margin Multipliers
06 August - SwapClear Volumes
21 July - SwapClear for Clients
21 July - LCH.Clearnet welcomes presidential signing of U.S. financial reform legislation
Martin Hadfield - Customer Relationship Manager
Tel: + 44 (0)20 7426 7608
e-mail: martin.hadfield@lchclearnet.com
Lois Blazy - Customer Relationship Manager
Tel: + 44 (0)20 7426 7452
e-mail: lois.blazy@lchclearnet.com
Andrew McGuire - SwapClear Sales and Marketing
Tel: +1 212 513 8288
e-mail: andrew.mcguire@lchclearnet.com