LCH.Clearnet Group is a leading counterparty clearinghouse in Europe. Formed from the merger of London Clearing House and Clearnet in 2003, the group serves as a trade-clearing forum for major international exchanges and over-the-counter markets. It clears a range of assets, including equities, derivatives, commodities, freight, interest-rate swaps, credit-default swaps, and Euro-denominated and sterling bonds. Clients include the London Stock Exchange (LSE), Euronext, Liffe, and the London Metal Exchange. LCH.Clearnet is majority owned by London Stock Exchange Group.