Service Partners

LCH.Clearnet Limited (LCH.Clearnet)

LCH.Clearnet is a Recognised Clearing House (RCH) supervised by the FSA under the UK's Financial Services and Market Act 2000 (FSMA). Its overall objective is to provide

• value-added, secure and efficient clearing and Central Counterparty services to its members, and
• integrity of the financial markets for eligible on and off order book transactions.

Independent of any trading platform or settlement organisation, LCH.Clearnet is one of the leading Central Counterparty service providers in the European time zone. LCH.Clearnet acts as Central Counterparty to trades executed by its members.

SIS x-clear AG (SIS x-clear)

SIS x-clear, a subsidiary of SIS Swiss Financial Service Group AG (SIS Group), has a banking licence, is a Recognised Overseas Clearing House (ROCH) under FSMA and is supervised and regulated by the Swiss Federal Banking Commission (SFBC). In addition, SIS x-clear assumes the role of a centre of excellence in the field of risk management for the entire SIS Group.

With the implementation of SIS x-clear as a CCP for SWX Europe, the seamless integration of clearing services into the Swiss Value Chain has been achieved. SWX Europe members can use the same technical interfaces to get access to clearing services from SIS x-clear and settlement services from SIS SegaInterSettle AG (SIS).

The SIS Group has achieved an optimal market position which allows it to act quickly and effectively in a rapidly changing environment. SIS Group will assume an important strategic role in future cooperations and serve as a much-needed coordinator for the activities of the Swiss financial community.

The CCP Service Matrix provides more details on the services provided by the CCPs for each security category.