LCH explores crypto derivatives clearing

CCP mulls partnership with GFO-X for clearing of crypto index futures and options

Cryptocurrency
Image: Risk.net montage/Getty

LCH, the majority-owned clearing house of the London Stock Exchange Group, is exploring cryptocurrency derivatives clearing, according to three bank sources briefed on the discussions.

The central counterparty (CCP) is holding talks with Global Futures and Options Exchange, two bank sources tell Risk.net. The start-up digital asset trading venue was founded in 2020 by former Harbour Capital executives Arnab Sen and Raj Melwani.

A third bank source was aware of LCH’s intent to venture into

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