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Goldman signs up as NDF client clearer at LCH

US bank expecting jump in cleared trades when initial margin rules hit buy side

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Goldman Sachs is set to become the seventh dealer to offer client clearing for non-deliverable forwards at LCH's ForexClear, ahead of what the US bank expects will be a surge in demand for the service from buy-side firms when they become subject to the non-cleared margin rules.

The bank is counting on hedge funds and asset managers subject to the upcoming initial margin requirement to lead the

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