SunGard’s Stream GMI solution for post-trade listed derivatives clearing and accounting now supports LCH.Clearnet Ltd’s (LCH.Clearnet) OTC interest rate swap (IRS) clearing service SwapClear in the U.S. Stream GMI’s support of SwapClear in the U.S, combined with its existing support for SwapClear in Europe, provides clearing members and market participants with processing and accounting support when clearing interest rate swaps.
Clearing House Fragmentation; the Cost and Volume Explosion
BISS Research’s Gary Wright explains why the fragmentation of the CCP landscape in Europe, which is further…