IM at three LCH clearing units rose in Q2
Increase in clearing volumes pushed collateral up at EquityClear, RepoClear and SwapClear
Initial margin demanded by LCH’s London-based central counterparty rose at three of its four clearing funds in the second quarter.
Total required IM – across all house and client accounts – increased at EquityClear, RepoClear and SwapClear, while it fell at ForexClear.
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IM at RepoClear – the clearing fund for fixed income contracts – rose more than 11% to £10.6 billion ($12.1 billion). This was the largest quarterly jump percentage-wise across the four funds, with members being asked
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