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LCH Spider, New Portfolio Margining Service For Interest Rate Derivatives, Goes Live

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LCH, the global clearing house, today announced that it has launched LCH Spider, its portfolio margining tool for interest rate derivatives. The go-live follows receipt of all necessary regulatory approvals. From today, eligible members and clients using LCH’s SwapClear and Listed Rates services can now offset margin between OTC and listed interest rate derivatives.

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