clearing houseRSS

New state-controlled clearing house to process all payment providers’ transactions in China

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Ant Financial, Tencent and 42 other payments and financial services firms in China have agreed to route their payments transactions through a new clearing house, controlled by Chinese government.

Vietnam welcomes first derivatives market and clearing house, GMEX provides tech

First derivatives market and clearing house launched in Vietnam

Vietnam’s first derivatives market and clearing house has gone live on the GMEX Technologies platform. The project is a collaboration between Hanoi Stock Exchange and Vietnam Securities Depository, and has been carried out together with local system integrator FPT Information System.

UAE gives all clear for unified clearing house

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A unified clearing house could be on its way to the UAE, with a trio of organisations making noise that they’re working together to make it happen. The Abu Dhabi Securities Exchange (ADX) has signed a memorandum of understanding (MoU) with Dubai Gold and Commodities Exchange (DGCX), and its parent company, Dubai Multi Commodities Centre […]

CME Group granted EU clearing house recognition by ESMA

Terry Duffy, CME Group

European Securities and Markets Authority (ESMA), a pan-European financial regulatory body, has finally approved CME Group’s application to offer central counterparty (CCP) services in the EU. The temporary approval was granted last autumn, but it is only now that ESMA has added CME to its list of recognised CCPs for Europe on a permanent basis. […]

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