LCH to offer clearing for Euronext Growth Oslo Market
Clearinghouse LCH will provide clearing for the Euronext Growth Oslo Market through its EquityClear service from 28 June.
Clearinghouse LCH will provide clearing for the Euronext Growth Oslo Market through its EquityClear service from 28 June.
The sale of Oslo Market Solutions to Infront by Euronext comes as it streamlines Oslo Børs to focus on its core offerings following a recent Optiq migration.
LCH SA goes live clearing the Oslo Børs derivatives market following the acquisition of the Norwegian exchange operator by Euronext last year.
Cash equities, structured products, and ETFs market operations at Oslo Børs are live on the Euronext Optiq platform.
Migration of Oslo Børs markets to the Euronext trading technology platform Optiq is due to be completed in November.
Øivind Amundsen takes over as CEO following Håvard Abrahamsen’s resignation from the position.
Following the migration of the derivatives market to Optiq, Euronext plans to shift Oslo Børs markets to the new trading system next year.
The Unofficial M&A Awards returns for a second year, as consolidation in the exchange space raises more than a few eyebrows and investment in FinTech has never been hotter.
Withdrawal of offer for Norwegian stock exchange leaves open path for rival Euronext to complete acquisition.
Group’s shareholders unanimously approve acquisition of Oslo-based exchange after receiving clearance from Norwegian Ministry of Finance.