In his role, Longden will lead the development of CDSClear within the context of the evolving regulatory landscape.
He will report to Ian Axe, LCH.Clearnet Group CEO and will divide his time between London and Paris.
Longden joins LCH.Clearnet from Markit where he was managing director of fixed income, heading up the development of new credit services, including Markit’s new evaluated bonds platform, as well as managing the CDS product in Europe.
Prior to Markit, Longden was global head of credit trading and eco-markets at ABN Amro.
Axe said that Charlie’s extensive industry expertise, coupled with his deep understanding of clients and their concerns, make him ideally placed to head up this important service for the next phase of its development.