LCH told clients it will 'futurise' all commodity swaps on Monday
to switch all of its commodities swaps into futures in a bid to
help clients avoid the new costs involved in trading cleared
In a circular to
customers seen by FOW, LCH.Clearnet said that from December 1
all commodities swaps including dry freight, iron ore, steel,
coal, containers and fertilizers would be offered as block
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