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London's LCH dominates interest-rate swap market
But Continental Europe thinks the clearinghouse is located on the wrong side of the English Channel
Published Tue, Mar 7, 2017 · 09:50 PM
London
ONE of London's crown financial jewels - a business sought after by the rest of Europe - is shining brighter than ever before.
The UK capital's LCH clearinghouse is the world's biggest for interest-rate swaps, a market where trading has marched steadily higher in every survey since 1995.
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