LCH.Clearnet SA provides clearing services covering French, Italian and Spanish Government debts, on cash and repos transactions traded by the following financial institutions and trade providers:
These transactions are processed by LCH.Clearnet SA Fixed Income and are settled by :
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.
Click here for more information on CCP Interoperability for Fixed Income at LCH.Clearnet SA.
28 May - €GCPlus
28 May - €GCPlus Documents
- Fixed Income Default Fund Phase 2: Ballot Result Announcement
We are now very pleased to announce that the ballot has been successful with 81%* of RepoClear Clearing Members voting and 98%* of those who did, voting in favour.
- Fixed Income Default Fund Phase 2 Ballot process commencement
Following a ballot of Members in July 2012, LCH.Clearnet Limited ("LCH.Clearnet") introduced a segregated RepoClear Default Fund as an initial step towards limiting the level of contagion to other LCH.Clearnet services in the case of an "in extremis" RepoClear Default.
- Operating Reporting Enhancement: New Settlement Shaping Reporting
Monte Titoli's launch of Release 3 of X-TRM on the 3 December 2012 will introduce a new settlement shape size of €5 million for the opening leg of same-day repo trades in Italy. This will standardise the shaping of all Italian settlement instructions into €5 million shapes.