SIX x-clear and BME Clearing to merge into a single pan-European CCP
The offering - called SIX Clearing - will make use of BME Clearing’s existing EU license to gain access to ECB liquidity and key EU market infrastructures.
The offering - called SIX Clearing - will make use of BME Clearing’s existing EU license to gain access to ECB liquidity and key EU market infrastructures.
Individual joins after nearly six years at the exchange and will oversee market structure and new products, The TRADE understands.
Integration of Oslo-based platform expected to modernise derivatives clearing and expand post-trade capabilities.
Individual initially joined the exchange in 2021 to drive growth and operations and previously spent more than 15 years at State Street.
The past week saw a return to a firm and moves across outsourced trading, listed derivatives sales, and more…
Individual previously left SIX in February 2024 following a 10-year tenure to join Citadel Securities as head of EMEA business development.
Industry looking to address issues impacting liquidity growth in Europe as political uncertainty in the US opens up opportunities for the market.
The new offering is set to eliminate challenges of inconsistencies and errors facing clients using fixed income data.
The Group shared that since June 2024 its exchanges business unit has assumed a new organisational structure, adopting an asset class-based approach.
From March 2025, SIX x-clear’s preferred clearing services will be available for Euronext trades, with Euronext Italy joining by Q2 2025.