LCH.Clearnet has published a press release, where it states that it plans to launch clearing services for credit default swaps (CDS) in the Eurozone by December 2009, subject to regulatory approval. The service will be managed by Paris-based LCH.Clearnet SA, which is a Eurozone bank and regulated by the Banque de France.

View LCH.Clearnet to launch Eurozone clearing of CDS, 13 February 2009