LCH, in collaboration with BNY, has expanded its collateral connectivity. Using BNY’s Global Collateral Platform, the UK clearinghouse is introducing its first triparty offering to futures commission merchants (FCMs), broker-dealers, and non-FCM members.
The new service represents extended access to a broader clearing community. It aims to improve liquidity and operational efficiency by optimising the use of eligible US Treasury and US agency securities as collateral. Clients can expect greater flexibility in managing their margin obligations across time zones and markets.
Antony Baldwin, global head of Collateral and Liquidity Management at LCH describes the partnership as “another step forward in enhancing margin efficiency and operational resilience across the collateral system”.
