23 Jan 2025
📈LCH SA's Rule Change
Self-Regulatory Organizations; LCH SA; Order Granting Approval of Proposed Rule Change by LCH SA Relating to Dealer Status
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by LCH SA to allow affiliates of Clearing Members to submit transactions as CDS Dealers directly impacts firms engaged in derivatives trading, enhancing their operational efficiency and providing better margin management. This change fosters competition and compliance with regulatory standards, making it vital for businesses involved in the clearing process.