LSE Selects LCH For Derivs Platform

The London Stock Exchange is introducing a pan-European derivatives platform based on technology from TMX Group.

The London Stock Exchange (LSE) is introducing a pan-European derivatives platform based on technology from TMX Group, Financial Times reports. The exchange has appointed LCH.Clearnet as central clearing counterparty.

LSE’s derivatives will be traded on Turquoise Derivatives, formed through the acquisition by Turquoise, the LSE’s existing pan-European equities trading platform. The new platform, which is set to launch this quarter, will provide trading in pan-European single name and index futures and options.

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