Davie Appointment Signals LCH.Clearnet Commitment to the Buy Side

London-based LCH.Clearnet Ltd, the independent clearing house group, has appointed Michael Davie CEO of SwapClear, the firm's interest-rate swap (IRS) clearing service. According to LCH.Clearnet, Davie was hired to strengthen its global OTC derivative client-clearing offering.

Davie is responsible for leading the development of SwapClear, which will focus on ensuring that the best possible products and services are delivered to the firm's buy-side clients. He has over 20 years' experience in fin

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