Banks and their clients are being squeezed by new rules on swap clearing
LCH.Clearnet has launched a new swaps compression service,
marking the latest step by a clearing house to reduce the
margin their cash-strapped clients have to give up to
LCH.Clearnet, which is majority-owned by the London Stock
Exchange, said on Wednesday it has launched a new 'blended rate
compression’ service that effectively increases
the range of trades eligible for compression.
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