The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.
FOREIGN EXCHANGE

People moves: CME hires for European clearing push

It’s clear that you can’t build a decent house without good plumbing, so the CME’s hire of Andrew Lamb as its chief executive for CME Clearing Europe looks solid. The appointment is subject to the approval of the CME’s application to the UK’s Financial Services Authority to become a recognised clearing house (RCH).


Lamb will act as a special advisor to the CME during the RCH approval process and, subject to recognition, he will then serve as its CEO. CME Clearing Europe will be based in London and is designed to serve as a central counterparty clearer for over-the-counter derivatives. Lamb is a veteran of the post-trade environment, having served a long stint in senior positions at the London Clearing House and then LCH Clearnet. He also worked for 15 years at the Bank of England, including four years as senior advisor, derivatives and commodity markets.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree