The competition authority said the two must ensure the independence of the LSE's clearing services, LCH.

BBC: NEWS | Business | LSE seeks end to bid speculation

The London Stock Exchange announced that it was acquiring a 60% stake in LCH.

ECONOMIST: Business this week

LCH, we are asking no more than we would of any other commercial supplier of important services.

ECONOMIST: Clash of the titans

The UK's competition regulator has given the London Stock Exchange Group the go-ahead for its planned takeover of clearing house LCH Clearnet.

BBC: LSE cleared by OFT to buy LCH Clearnet

The London Stock Exchange is to buy a 60% stake in LCH Clearnet, the European clearing house, but for a lower price.

BBC: LSE agrees LCH Clearnet deal at lower price

The London Stock Exchange's deal to buy a majority stake in LCH.

ECONOMIST: The risk in clearing-houses

Not to be outdone, local competitor Singapore Exchange (SGX) was in the news last month with regards to an acquisition of UK-based clearing house LCH.

FORBES: Asia The Next Frontier For Stock Exchange Consolidation

The second bit of bad news is that the cost for banks of trading in Italian government bonds rose, because an organisation that clears and settles such transactions, LCH.

BBC: Eurozone's Friday the 13th

Giddens, the SIPA trustee, believes LCH.

FORBES: Uncontrolled Risk Taking, Not Bad Accounting, Did MF Global In