Ice hits out at LCH over capital resistance

CCPs shouldn't fight calls for extra capital, says Sprecher

Jeffrey Sprecher, Ice

Jeffrey Sprecher, founder and chairman of Ice, has taken a swipe at rival LCH.Clearnet, arguing central counterparties (CCPs) should not be resisting calls to boost their capital levels. LCH.Clearnet published a white paper on the topic on December 4, which argued in favour of the regulatory status quo.

"We are not shying away from it," Sprecher told attendees at a Goldman Sachs conference in New York on December 10. "We are not writing any white papers that say we shouldn't be doing it. The

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Switching CCP – How and why?

As uncertainty surrounding Brexit continues and the impacts of Covid-19-driven market volatility are analysed, it is essential for banks and their end-users to understand their clearing options, and how they can achieve greater capital and cross…

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