UK CCPs see gradual shift toward foreign clearing members

North America and Asia-Pacific clearing houses remain dominated by domestic members

Foreign clearing members have become more prominent at UK central counterparties (CCPs) over the past decade, even as the balance in other regions has remained largely unchanged.

Of five UK clearing services, three chalked up record or joint-record lows for the proportion of domestic clearing members compared with foreign clearing members in the second quarter. LCH ForexClear’s share of home-grown