LCH.Clearnet completes acquisition of US clearing house

Nasdaq OMX completes sale of clearing house to Anglo-French firm – which is seeking more US-centric offering for its interest-rate swap franchise

LCH.Clearnet, which is in the process of being acquired by the London Stock Exchange, has completed the acquisition of a clearing house from Nasdaq OMX that will allow the Anglo-French firm to expand its US franchise.

LCH.Cleanet's deal to buy the US-based International Derivatives Clearing Group will also expand access to new domestic US clients, which will be forced to clear their swap trades under new regulations.

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