LCH SA saw the size of its liquidity pool – the pile of client assets it holds in liquid resources – almost double during the first quarter of 2019. The move is understood to have been largely driven by RepoClear members shifting clearing from LCH’s Ltd entity in London to LCH SA in Paris during the period, a long-expected move.
The increase also coincided with a rise in membership in its CDS clearing unit, which added 10 new members during the period.
The central counterparty reported €65.9
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