LCH SA today announced it has duly received the required regulatory approval from the French national competent authorities (ACPR, Banque de France and AMF) and European supervisory authorities (EMIR College, ESMA) to clear cash-settled Bitcoin index futures and options contracts.
LCH SA will provide clearing services through its new dedicated service, LCH DigitalAssetClear, for these contracts traded on the UK FCA regulated digital asset derivatives trading venue, GFO-X. The offering has been developed by LCH SA and GFO-X in close consultation with market participants to ensure their digital asset derivatives are traded and cleared through a service that is secure, highly regulated and focused on digital asset derivatives.
LCH DigitalAssetClear is underpinned by a segregated default fund, tailored risk management model and dedicated set of clearing rules. LCH SA continues…
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