Thursday April 11 2013
News Source: Global Exchanges
Focus: Major Shareholdings
Type: General
Country: Australia
Link: http://www.lchclearnet.com/media_centre/press_releases/2013-04-11.asp
LCH.Clearnet Ltd has been granted regulatory approval by the Australian Government to clear energy, commodity and environmental derivatives listed on Australia’s Financial and Energy Exchange, FEX Global. The service is set to launch mid 2013.
Additionally, LCH.Clearnet plans to apply for an Australian clearing and settlement facility license that would enable Australian banks to clear OTC interest rate swaps as members of the SwapClear service.
Click on the above link for more details.