Davie Returns to LCH in Rates Role

Former COO returns to clearinghouse to head up rates, compression and uncleared derivatives projects.

Michael Davie LCH Clearnet CurveGlobal London Stock Exchange
Davie returns to the clearinghouse after 18 months at CurveGlobal, where he continues to serve as chairman.

In the new role, he reports to Daniel Maguire, group COO and global head of rates and foreign exchange (FX) derivatives, who will pass on the rates role to Davie. Paddy Boyle remains as the global head of ForexClear, LCH’s central counterparty (CCP) for FX derivatives.

Davie will take over leadership of SwapClear, LCH’s interest-rate swaps CCP, as well as LCH’s listed rates business, and also assume leadership over drives to further develop areas including compression, portfolio margining and

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