LCH ForexClear Viewpoints from the leading provider of OTC FX clearing services

LCH ForexClear delivers unmatched capital and operational efficiencies, including the flexibility and choice of both US and European clearing models. LCH ForexClear launched in 2012 and was developed in partnership with market participants, with a primary objective to offer global currency markets a dedicated service for clearing FX products, primarily in response to the uncleared margin rules (UMR) implemented post the 2008 financial crisis. More recently, capital efficiency under SA-CCR has further increased demand for clearing, given the benefits it provides. We spoke to its CEO JamesPearson to discover how the service it offers has since expanded and what’s behind the dramatic growth in its cleared volumes.