LCH SA RepoClear reports new highs during Q1
12 April 2023 France
Image: AdobeStock/Tiberius Gracchus
LCH SA has reported record Q1 activity for its RepoClear business, with nominal cleared value for euro-denominated transactions rising 21 per cent YoY to a new high of 鈧�65 trillion. This was registered across 3.0 million trades for the quarter, a 15 per cent increase on Q1 2022.
The Paris-based clearing house has also recorded a number of monthly and daily records for its RepoClear service.
Gross outstanding hit a new high of 鈧�3.7 trillion on 21 March, with the clearing house indicating that daily nominal cleared value exceeded 鈧�1 trillion on almost every day since the start of February.
Daily nominal cleared reached a new high of more than 鈧�1.1 trillion on 17 March.
Additionally, daily trade count hit a new peak of 51,224 trades on 2 March.
LCH SA RepoClear reports that March 2023 has been its best month on record in terms of nominal cleared at more than 鈧�24 trillion. It also hit a new peak for cash values cleared, at 鈧�23 trillion, and trades registered, at 1.1 million.
The Paris-based clearing house has also recorded a number of monthly and daily records for its RepoClear service.
Gross outstanding hit a new high of 鈧�3.7 trillion on 21 March, with the clearing house indicating that daily nominal cleared value exceeded 鈧�1 trillion on almost every day since the start of February.
Daily nominal cleared reached a new high of more than 鈧�1.1 trillion on 17 March.
Additionally, daily trade count hit a new peak of 51,224 trades on 2 March.
LCH SA RepoClear reports that March 2023 has been its best month on record in terms of nominal cleared at more than 鈧�24 trillion. It also hit a new peak for cash values cleared, at 鈧�23 trillion, and trades registered, at 1.1 million.
← Previous industry article
Tradeweb, Euroclear and IGM collaborate to build new solution for syndicated Eurobonds
Tradeweb, Euroclear and IGM collaborate to build new solution for syndicated Eurobonds
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 歐美性愛 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 歐美性愛 Finance Times
