SIX Gets Nod For Pan-Euro Clearing

SIX x-clearhas received approval for pan-European clearing services. SIX x-clear has been provided final grant by theSwiss National Bank,FINMAand the U.K.’sFinancial Services Authorityto expand its clearing offering.

SIX x-clear, which currently acts as the central counterparty for theSIX Swiss Exchangeand theLondon Stock Exchange, will be able to expand to other European stock exchanges. The firm has been in discussions with the three regulators for the past two years.

Click here for the release fromSIX x-clear.