J.P. Morgan Goes Live on Clearing Service CDSClear

[kreslik.news]

Global clearing house, LCH, has announced today that J.P. Morgan has gone live on CDSClear. The US Bank is the first to offer client clearing on the CDS clearing service.

Following J.P. Morgan going live, Swedish pension fund AMF is now clearing European and US credit default swaps through CDSClear. The fund is using J.P. Morgan Securities Plc as its clearing broker.

CDSClear

Part of LCH SA, CDSClear began offering client clearing in 2017 and it is the only European credit CCP which allows consumers to cross-margin European and US products. The addition of J.P. Morgan is ... (read more)