Nasdaq To Add Two Clearers

U.S.-headquarteredNasdaq OMX Groupis planning to introduce two new clearinghouses to its northern European market,Financial Newsreports. The exchange is looking to shift to the “interoperability” model by April, allowing users a three-way clearing choice.

Nasdaq will provide its Nordic markets customers to clear throughEuroCCPand Swiss exchange-owned六x-clearin addition to its current clearing option, theABN Amro-ownedEuropeanMultilateral Clearing Facility. The move is subject to regulatory approval.

Click here for the story fromFinancial News.