Royal Bank of Canada Becomes First Canadian Clearing Member of LCH CDSClear
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6 Articles
RBC Becomes the First Canadian Clearing Member to Join LCH CDSClear
The move marks a step forward in the global expansion of the credit default swap (CDS) clearing platform. LCH CDSClear, operated by LSEG, is said to offer the broadest range of CDS products of any credit central counterparty (CCP) globally. RBC’s membership will allow the bank, a market maker in both European and US CDS indices, to access greater operational and margin efficiencies across its portfolio. “We are delighted to welcome RBC as our f…
RBC Joins LCH CDSClear As First Canadian Member - Markets Media
Royal Bank of Canada (RBC) first Canadian clearing member to join LCH CDSClear. Demonstrates the continued expansion of LCH CDSClear globally, offering market participants further choice of where to clear their CDS portfolios. LCH CDSClear offers the widest breadth of products of any credit CCP globally. LSEG announces that Royal Bank of Canada (RBC) has joined LCH CDSClear as the first Canadian clearing member, providing them access to the bro…
Royal Bank of Canada Becomes First Canadian Clearing Member of LCH CDSClear
Royal Bank of Canada Becomes First Canadian Clearing Member of LCH CDSClear (IN BRIEF) The Royal Bank of Canada (RBC) has joined LCH CDSClear as its first Canadian clearing member, gaining access to the platform’s broad range of credit derivative products. This move enhances RBC’s risk management capabilities while enabling the bank to participate in the growing CDS liquidity pool. LCH CDSClear has seen record growth, clearing a total of US$1 tr…
RBC joins LCH CDSClear as clearing member
Royal Bank of Canada (RBC) has joined UK clearinghouse LCH CDSClear as a clearing member.The bank joins CDSClear as a market maker in both European and US indices. LCH CDSClear expanded its client clearing services to US credit derivatives participants in 2024.This latest development follows on from RBC and its Channel Islands subsidiary joining LCH RepoClear as clearing members in 2020, with the move at the time offering RBC additional financin…
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