Business Streams
Bonds and Repos
LCH.Clearnet SA provides clearing services covering French, Italian and Spanish Government debts, on cash and repos transactions (1) traded by the following financial institutions and trade providers:
- Trading Platforms: Euro-MTS, MTS-France, MTS Italy, ICAP (BrokerTec) and Tullett Prebon
- Trade Providers: ETCMS - Euroclear Trade Capture and Matching System (EUROCLEAR's matching system), Viel/Tradition
These transactions are processed by LCH.Clearnet SA Fixed Income and are settled by :
- Euroclear France (RGV chain for trades on French debt)
- Monte Titoli for Italian debt
- Iberclear for Spanish debt
LCH.Clearnet SA and Cassa di Compensazione e garanzia (CC&G) have an agreement whereby LCH.Clearnet SA and CC&G provide clearing services for Italian government bonds transactions executed on MTS Spa and Brokertec platform and settled in Monte-Titoli.
Key Facts
Margin Information
What's New
16 January
- Spanish Debt: go-live date confirmed
The Target solution will go live on Friday 9 March 2012.
13 January - Margin Parameters - Bonds & Repos
13 January
- LCH.Clearnet clears a record €152 trillion fixed income trades in 2011: up 11% on 2010
The total nominal value of fixed income trades cleared by LCH.Clearnet Group (LCH.Clearnet) in 2011 reached a record €152 trillion, an increase of 11% on 2010 as market participants have turned to clearing to mitigate counterparty risk in a highly volatile environment.
17 November
- Spanish Debt: Target clearing service postponed
The go-live for the Target solution has been postponed until Q1 2012.
25 October - Collateral Basket with Pledge
