Friday October 18 2013
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
Link: http://www.lchclearnet.com/media_centre/press_releases/2013-10-17.asp
LCH.Clearnet SA, the Paris-based clearing house of LCH.Clearnet Group Ltd, and NYSE Euronext have announced they have signed a new five-year contract for LCH.Clearnet SA to clear NYSE Euronext’s continental listed derivatives until December 2018. It replaces the current clearing services terms and contract, which were due to expire on 31 March 2014.
The agreement allows customers to maintain their existing trading and clearing connectivity and infrastructure, while enjoying high service quality and quicker, more responsive, customer-driven innovation. This will be achieved through significantly enhanced cooperation and coordination between both parties, embedded in a new agreement shaped by new commercial and governance terms.
Click on the above link for more details.