INTERNATIONAL: Nasdaq to Provide Clearing Choice in Nordic Cash Equity Markets

Friday June 5 2015

News Source: Global Exchanges

Focus: Other

Type: General

Country: International

Link: http://globenewswire.com/news-release/2015/06/04/742241/0/en/NASDAQ-TO-PROVIDE-CLEARING-CHOICE-IN-NORDIC-CASH-EQUITY-MARKETS.html

Nasdaq has announced it will provide a choice of CCP providers in Nordic cash equities for its members on Nasdaq exchanges in Stockholm, Helsinki and Copenhagen.

Nasdaq and SIX Swiss Exchange have agreed to introduce additional CCPs to their local markets. In addition to SIX x-clear AG, Nasdaq will introduce LCH.Clearnet Ltd as a cash equity CCP provider. Both SIX x-clear AG and LCH.Clearnet Ltd will become interoperable with the existing clearing partner of Nasdaq in the Nordics, European Central Counterparty N.V., EuroCCP.

Click on the link above for further details.