Friday February 8 2013
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
Link: http://www.nasdaqomx.com/newsroom/pressreleases/pressrelease/?messageId=1156695&displayLanguage=en
The NASDAQ OMX Group has announced that its OTC clearing and risk management solution, Sentinel, is now live on KDPW_CCP’s OTC post-trade platform. The NASDAQ OMX technology supports the Polish clearing house and CCP’s (central counterparty) trade lifecycle and risk management requirements for clearing of OTC traded instruments.
This is a new business area for KDPW_CCP following new European infrastructure regulation requiring the clearing of standardized OTC (over-the-counter) derivatives via central counterparties.
Click on the above link for more details.