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NYSE Euronext Extends LCH Contract
NYSE Euronext has delayed its plans to end its clearing contract with LCH.Clearnet.
NYSE Euronexthas delayed its plans to end its clearing contract withLCH.Clearnet. The pan-European exchange operator has extended its U.K. and European clearing deal with LCH.Clearnet for another year.
The contract was set to be terminated in November 2012. The current clearing arrangements will continue to June 2013 for derivatives and December 2013 for cash. The contractual arrangements betweenNYSE Liffe Clearingand LCH.Clearnet, in respect toNYSE Euronext Derivativesin London, will remain unchanged.
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