LCH.Clearnet seeks Australian license to clear swaps despite hurdles

02/12/2013 | Wall Street Journal, The

Though Australian authorities will not decide for two years whether to break ASX's monopoly on clearing equities, LCH.Clearnet is still pursuing a license to clear interest-rate swaps. "We still plan to apply for ... an Australian clearing and settlement facility license," an LCH.Clearnet spokeswoman said.

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Wall Street Journal, The

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