LCH provides clearing services to customers for the extra-U.S. Emissions Trading System and U.S. Electricity Trading on Nodal Exchange (the first independent electronic commodity exchange offering on-site advance trading products and services for participants in organized electricity markets in North America). LCH has also provided services to Bluenext Futures ERA and Bluenext Futures CER, as well as future EU quota and certified emission reduction contracts. Since the collapse of Lehman Brothers, market failures have come under scrutiny by both financial institutions and regulators, and financial markets are currently in an unprecedented phase of regulatory reforms. Mandatory centralized clearing for certain OTC derivatives, including currencies, is a key area of the proposed legislation. After an in-depth study and analysis of the foreign exchange derivatives market and its inherent risks, LCH has launched a new non-available FX Forward (NDF) forexClear clearing solution. ForexClear covers the most active currencies on the NDF market. The next phases of development will include a wider range of currencies and tenors, as well as additional over-the-counter exchange products such as NDOs, currencies, NDF crosses, forwards and swaps. „We are pleased to have negotiated the most important terms of an agreement with LCH,“ added Roland Bellegarde, EVP Group for European Investments and Investments at NYSE Euronext. Clearnet SA, which would allow our customers to maintain their infrastructure with their existing clearing house. This six-year agreement will provide market participants with access to a robust, regulated and organized clearing house. After our negotiations with LCH.

Clearnet SA, clearing fees are expected to decrease by 20% for blue tokens, the largest segment of the cash clearing transaction. ExecutionConditions (ISDA agreements) for the customer compensation version 2.0 of September 25, 2013. CHL members include many major financial groups, including almost all of the major investment banks, brokers and international commodity houses. LCH, a clearing house, is in the middle of a business and takes the counterparty risk when two parties enter into trade guaranteeing the settlement of trade. In order to reduce the risks associated with them, it imposes certain minimum requirements on its members and collects from them the initial margins and margins of variation (or guarantees) for trades that have been exported. LCH has more than 100 years of experience in commodity clearing and provides clearing and settlement services for both commodity and otC markets.