Clearinghouses report increase in OTC clearing

01/28/2013 | Futures Industry

Central counterparties had a solid October and November for clearing over-the-counter derivatives. LCH.Clearnet Group cleared $39 trillion worth of interest-rate swaps in October and $37 trillion in November. CME Group reported a big increase for November, including more than $40 billion in credit default swaps, the second-highest monthly total ever for the clearinghouse.

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