BlackRock Trades Boost LCH.Clearnet’s US Push
By Jeremy Grant
Published July 27 2011 FT
LCH.Clearnet received a boost in its effort to break into the US market for clearing over-the-counter derivatives when BlackRock, one of the largest asset managers, said it had cleared its first interest rate swaps on SwapClear, the OTC derivatives clearing service operated by the UK clearing house and large banks.
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