LSEG beefs up non-cleared ambitions with Quantile deal
Agreement to buy optimisation firm for £274m strengthens LCH’s FX foothold as SA-CCR bites
The post-crisis stampede to central clearing has largely run its course. Volumes are colossal, running past the quadrillion dollar mark in annual cleared notional, but growth has stalled. While LCH SwapClear registered a record number of interest rate derivatives trades in 2021, annual cleared notional fell 13% to $921 trillion – its lowest volume for four years.
With limited success ushering non
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