Net profits at LCH.Clearnet, EuropeâÂÂs largest clearing house, surged by nearly half to â¬178.9m ($279.2m) last year on the back of lower costs and record volumes.
The strong set of figures from LCH.Clearnet followed press reports that the Anglo-French clearing house has held talks about a potential merger with its US rival Depository Trust & Clearing Corp.
