LME most battered in BoE’s stress test

- By Lorenzo Migliorato
- 20 Oct 2022

LME Clear performed the worst in the Bank of England’s credit and concentration stress test, with its base metals clearing service almost wiping out its entire default fund.

In its first public stress test of UK central counterparties (CCPs), the BoE girded LCH, Ice Clear Europe and LME to assess their resilience under a severe but plausible market stress scenario. For the credit and

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