LCH to launch non-deliverable options clearing


LCH’s ForexClear is set to start clearing non-deliverable foreign exchange options (NDOs) in the fourth quarter of the year, pending regulatory approval. 

On expiry, NDOs are settled by a cash payment in US dollars, instead of delivery of the underlying foreign currency. The central counterparty (CCP) will initially offer the new service in four G10 and five emerging market (EM) currencies, with maturities of up to two years. The new offering will be available both to ForexClear’s members and

You are currently unable to copy this content. Please contact [email protected] to find out more.

Leave A Reply

Your email address will not be published.