US Regulators Approve NYSE-DTCC Clearinghouse Venture
01 Febbraio 2011 - 5:26PM
Dow Jones News
U.S. futures regulators gave the go-ahead Tuesday to a new
clearinghouse venture that will underlie NYSE Euronext's (NYX)
planned drive into fixed-income derivatives.
The Commodity Futures Trading Commission approved the New York
Portfolio Clearing facility as a derivatives clearing organization,
opening the way for the parent of the Big Board to challenge a key
business of CME Group Inc. (CME).
New York Portfolio Clearing is a joint venture between NYSE
Euronext and the Depository Trust & Clearing Corp., the
dominant clearer of U.S. equity and Treasury trading. Planned since
mid-2009, the new facility aims to let traders put up collateral
against transactions in U.S. government issues alongside positions
in related futures contracts.
Walt Lukken, former acting chairman of the CFTC, is serving as
chief executive of the NYPC unit. NYSE Euronext aims to launch the
business late in the first quarter of 2010.
Shares in NYSE Euronext climbed in early trading Tuesday,
recently 2.3% higher at $32.54.
-By Jacob Bunge, Dow Jones Newswires; 312-750-4117;
jacob.bunge@dowjones.com
Grafico Azioni NYSE Group (NYSE:NYX)
Storico
Da Set 2024 a Ott 2024
Grafico Azioni NYSE Group (NYSE:NYX)
Storico
Da Ott 2023 a Ott 2024
Notizie in Tempo Reale relative a Nyse Euronext (Borsa di New York (NYSE)): 0 articoli recenti
Più NYSE Euronext Articoli Notizie