Christophe Hémon, CEO, LCH SA, commented:
Welcoming the European Invesment Bank as a direct member of LCH SA is a significant moment for us and the fixed income market as a whole. EIB will act as an important liquidity provider for our service and we look forward to continuing to work with them as we grow our relationship.
Bertrand de Mazières, Director General, EIB, said:
Increasing financial stability and ensuring sustainability is at the core concerns of EIB’s Finance Directorate. Liquidity risk resilience is an integral element to this. As a result, we’re pleased to have become a member of LCH SA to ensure access and participation in this key area of the fixed income and repo market.
- Clearstream and LCH EquityClear team up for a new post-trade connection
- LCH EquityClear goes live with new LSEG Technology post trade platform
The post LCH adds European Investment Bank as the first supranational clearing member appeared first on LeapRate.