LCH SA welcomes first Japanese clearing member
02 September 2019 London
Image: Shutterstock
Mizuho Securities has become the first Japanese financial institution to access LCH SA’s Euro debt clearing services as a member of RepoClear.
By joining the service, Mizuho will have access to Euro-denominated debt, allowing it to benefit from the risk management and operational efficiencies of central clearing.
The financial institution is already a member of LCH Ltd’s RepoClear service.
Corentine Poilvet-Clèdiere, head of RepoClear and collateral, LCH SA, said: “I’m delighted to welcome Mizuho as LCH SA’s first Japanese clearing member.”
“This is an important step in the international development of RepoClear’s service, building on the consolidation of Euro debt clearing into LCH SA earlier this year. We look forward to continuing to expand our membership base and our service offering over the coming months.”
Nozomi Kishimoto and Amandine Triadu, head of repo in Tokyo and London at Mizuho Securities, said: “Becoming a member of LCH SA means that Mizuho is now able to benefit from the largest pool of Euro debt clearing in Europe. Clearing through LCH SA enables us to maintain access to this important liquidity pool while managing our counterparty risk effectively.”
By joining the service, Mizuho will have access to Euro-denominated debt, allowing it to benefit from the risk management and operational efficiencies of central clearing.
The financial institution is already a member of LCH Ltd’s RepoClear service.
Corentine Poilvet-Clèdiere, head of RepoClear and collateral, LCH SA, said: “I’m delighted to welcome Mizuho as LCH SA’s first Japanese clearing member.”
“This is an important step in the international development of RepoClear’s service, building on the consolidation of Euro debt clearing into LCH SA earlier this year. We look forward to continuing to expand our membership base and our service offering over the coming months.”
Nozomi Kishimoto and Amandine Triadu, head of repo in Tokyo and London at Mizuho Securities, said: “Becoming a member of LCH SA means that Mizuho is now able to benefit from the largest pool of Euro debt clearing in Europe. Clearing through LCH SA enables us to maintain access to this important liquidity pool while managing our counterparty risk effectively.”
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