As the industry marches towards mandatory clearing, private banking clients in Asia will be able to benefit from a new service rolled out by Société Générale’s Corporate and Investment Banking (SG CIB) division. The French bank announced that its derivatives broker, Newedge, will now use LCH.Clearnet’s ForexClear services as its Central Counterparty Clearinghouse (CCP) for its client over-the-counter (OTC) clearing…
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