Clearing members of the Italian arm of LCH will gain the ability to settle Italian government bond transactions – including both repo and cash – at Clearstream under an expanded collaboration between the two market infrastructures.
The enhancement builds on an existing arrangement that already supports the settlement of French, Belgian, German, Austrian, and Spanish government securities.
Set to go live during 2026, the extension broadens settlement‑venue choice and simplifies access for LCH SA participants. By connecting through Clearstream’s Trade Flow Hub, LCH SA will offer its clearing members the option to consolidate settlement activity within Clearstream’s pan‑European CSD framework, spanning both ICSD and CSD accounts.
According to Clearstream, the setup strengthens liquidity management, increases operational efficiency, and provides a unified gateway to a wide range of European securities.
Dirk Loscher, head of Custody & Investor Solutions at Clearstream, said: “By broadening our Trade Flow Hub proposition for market participants to consolidate the settlement of their cleared and uncleared trade flows with our pan‑European CSD solution, we are not just enhancing service for our clients; we are actively contributing to the strength and harmonization of European capital markets.”
