European regulators confirmed LCH Ltd can continue to clear for EU members and clients.
The MFA said providing broader access and harmonizing with the CFTC is an important step.
The new service increases netting opportunities for the buy side.
The bank has partnered with Galaxy Digital to deepen its crypto capabilities.
Average daily cleared volumes of interest rate swaps and overnight index swaps more than doubled.
LCH SwapAgent registered over 10,000 trades in 2021, a five fold increase.
The next focal point of the crypto market will be over-the-counter derivatives.
A change in focus from gross to net exposure means more demand for optimisation and compression to work in tandem.
triBalance allows banks to reduce risk in multiple CCPs concurrently.