LCH.Clearnet will offer clearing for over-the-counter foreign exchange options later this year, FXWeek reports. The London-based clearing house developed and invested in its FX clearing service in 2010, said CEO Roger Liddell. In December last year, LCH was set to release details about its new FX options clearing platform, dubbed ForexClear, and had signed up 13 banks. LCH already clears contracts in several other asset classes, including interest rate swaps and credit default swaps.
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