LCH SwapClear swells client list by 10%
Number of client accounts hits 21,220
The number of client accounts on LCH SwapClear increased by 1,955 in 2018 to 21,220 in total.
This is 10% up on the end-2017 number and a whopping 86% rise since the third quarter of 2015, when public disclosure began.
Gross client initial margin posted to the clearing house has increased, along with account growth, by 231% since end-September 2015, from £16 billion to £53 billion. Cumulative cleared client over-the-counter interest rate swap notionals stood at £887 trillion ($1.2 quadrillion
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