LSEG announces that Euroclear Bank’s Treasury division has joined LCH RepoClear SA as a member.
Euroclear Bank’s Treasury division is now able to benefit from “access to a liquidity pool, and the netting and risk management efficiencies available through the service, expanding its long-standing partnership with RepoClear.”
In joining RepoClear SA, Euroclear Bank will be active “both in the specials and €GCPlus segments of the service as a key cash provider.”
In 2014, RepoClear SA launched its GC Plus service, “a general collateral tri-party repo clearing service which brings to market the combined expertise of LCH and Euroclear.”
It offers the market alternative routes to “access general collateral liquidity through the world’s largest Euro cleared liquidity pool at RepoClear SA, following the 2023 merger of GC Plus and RepoClear SA.”
A record €220bn nominal was cleared in GC Plus in Q1 2025, “up 83% vs Q4 2024, with a 120% increase in April versus the previous month.”
Michel Semaan, Global Head of LCH RepoClear, LSEG said:
“We are pleased to welcome our partner Euroclear Bank as the latest member of the RepoClear SA ecosystem. This is a significant moment for the growth of the service, as we broaden the range of financial institutions we serve, and so that large cash providers, such as Euroclear Bank, can benefit from our product offering.”
Herve Foyan Djoudom, Head of Treasury and Asset and Liability Management, Euroclear Bank commented:
“We are pleased to deepen our existing relationship with LCH as Euroclear Bank’s Treasury becomes a direct clearing member of Repoclear. Expanding Euroclear Bank’s repo clearing capabilities enables us to achieve greater capital and operational efficiencies while enhancing our risk management solutions. This step aligns to our strategy of promoting safety and resilience in the financial markets.”
LCH builds strong relationships with “credit, digital asset derivatives, equity, fixed income, foreign exchange (FX) and rates market participants to help drive innovative performance and deliver best-in-class risk management.”
As a clearing member or client, partnering with them “helps you increase capital and operational efficiency, while navigating an expanding and complex set of cross-border regulations, thanks to our experience and expertise.”
In partnership with stakeholders, they have “helped the market transition to central clearing and continue to introduce innovative enhancements.”
Choose from a variety of solutions such “as compression; sponsored clearing; credit index options clearing; contracts for differences clearing; and digital asset derivatives clearing.”
Their focus on innovation and commitment to service delivery makes LCH, an LSEG business, “the natural choice of some of the world’s market participants globally.”
As covered, LSEG (London Stock Exchange Group) is a “global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system.”
With their open approach, expertise and global scale, they “enable the sustainable growth and stability of our customers and their communities.”
They are dedicated partners with “experience, knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes.”
LSEG is headquartered in the United Kingdom, with “significant operations in 65 countries across EMEA, North America, Latin America and Asia Pacific.”
They employ over 26,000 people globally, “more than half located in Asia Pacific.”
