ForexClear prints new record, clearing more than $100bn in one day
And recently launched G10 NDF service clears over $700m in a month
LCH’s ForexClear service achieved a new volumes record on November 28, clearing more than $110 billion in notional in one day. The company also said its recently launched G10 non-deliverable forwards (NDF) service cleared a total of $745 million volumes in one month.
The G10 clearing offering follows the company’s success in emerging markets currencies. The five G10 pairs now available on ForexClear reflect the most actively traded currencies: the Australian dollar, the euro, the Japanese yen
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