Thursday February 12 2015
News Source: Global Exchanges
Focus: Short Selling
Type: General
Country: Greece
Link: http://www.hcmc.gr/photos/Apofaseis_2015/files/1_704_22.1.2015.pdf
The Securities and Exchange Commission has announced the authorisation of the Athens Exchange Clearing House to operate as a CCP in accordance with Regulation No. 648/2012 of the European Parliament and Council on OTC derivatives, central counterparties and trade repositories.
The Clearing house shall perform the settlement of transactions in securities and derivatives carried out in the markets of the Athens Stock Exchange
Additionally, the regulator has approved the operating regulations for a Central Counterparty which shall be incorporated into the Securities Exchange Clearing regulations.
The Regulation shall come into force from the 16th February 2015.
Click link above for further details.