LCH SA’s default funds hit record highs
CCP’s own contributions account for less than 1% across three clearing services
The default funds at all three of LCH’s Paris-based clearing services grew to record sizes in the second quarter.
CDSClear had the largest proportional growth, its default fund rising 37.6% to €2.77 billion ($2.95 billion) from €2.02 billion. EquityClear’s default fund rose 23% to €4.24 billion from €3.45 billion.
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