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Europe Daily Bulletin No. 9953

1 August 2009
Contents Publication in full By article 15 / 25
GENERAL NEWS / (eu) eu/financial services
First EU derivatives clearing chambers up and running

Brussels, 31/07/2009 (Agence Europe) - The 31 July deadline set by the European Commission for the financial services industry to introduce EU clearing systems for debt derivatives has been respected (see EUROPE 9930). Two central clearing houses - ICE Clear of the United States and a subsidary of the Frankfurt stock market, Eurex Clearing - have already been granted the necessary permits to supply their services. The Franco-British company LCH Clearnet SA is expected to enter the market by...

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