Libor leaders: LCH brings SOFR swaps into the fold

CCP adapted risk models to start clearing new swaps and plans quick switchover to SOFR discounting


This article is part of a series on the practical aspects of Libor transition. Find the rest of the coverage here.

As custodians of mutualised risk – $375 trillion notional of it – clearing houses have strict guidelines governing how and when new products are brought into the fold. Derivatives typically need a track record of liquidity in bilateral markets and observable pricing on trading venues before they are even considered for clearing. Benchmark reform, however, has turned this

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: