Goldman Live on ForexClear

Goldman Sachs has become the latest bank to go live on LCH’s ForexClear service, offering clearing services to its clients under the ForexClear FCM (futures commission merchant) and international clearing broker model.

Goldman clients can access the FX derivatives clearing service in NDFs, the clearinghouse also offers dealer-to-dealer clearing services for deliverable FX options, spot and forwards.

“We are delighted to welcome Goldman Sachs as the latest bank to go live with our FCM and international clearing broker models,” says Paddy Boyle, global head of ForexClear. “This significantly broadens the range of firms through which clients are able to access FX clearing at LCH; we look forward to continuing to support Goldman Sachs and its clients in their clearing activity.”

Alicia Crighton, Goldman Sachs head of prime services clearing, adds, “We’re pleased to offer LCH as a clearing service to our clients so we can further help them manage counterparty risk, while achieving operational efficiencies across a broad range of FX products.”

Colin Lambert

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