Story

LCH.Clearnet gets Singapore green light

LCH.Clearnet, the London Stock Exchange-controlled clearing house, has secured regulatory approval to operate in Singapore as it seeks to benefit from regulatory changes there.

Singapore
Singapore

LCH.Clearnet, the London Stock Exchange-controlled clearing house, has secured regulatory approval to operate in Singapore as it seeks to benefit from regulatory changes there.

The firm said in a statement on February 1 that it had been granted full clearing house status with the Monetary Authority of Singapore for its SwapClear unit - the world's largest clearer of interest rate swaps - its foreign exchange unit ForexClear and its EnClear freight division.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump