
June 20, 2025 (NO COMMENTS)
LCH plans to start offering a new industry-developed European client clearing model by the end of the year, beating Frankfurt-based rival Eurex Clearing, which continues to be held up by a tax snag.
The European agent trustee model (EATM), sponsored by the Futures Industry Association (FIA), emulates the US futures commission merchant (FCM) model, and aims to ease a capital burden faced by the