05.24.2021

EuroCCP Extends Clearing To Euronext Oslo Growth Market

05.24.2021
Norwegian SWF to Add External Mandates

EuroCCP will be extending its clearing services to the Euronext Growth Oslo Market (previously known as MERKUR), with the target launch 28 June 2021.  The extension of clearing for the Norwegian growth stocks is subject to regulatory approval.

Euronext issued a market notice 20th May of the new cleared service including testing arrangements.

EuroCCP will support member testing from 2 June 2021.  Trades executed on the segment and cleared by EuroCCP will be reported with the MIC “MERK” in the daily CIF files.

Please note for those members already active on Oslo Bors and using EuroCCP, no additional setup is required and your existing connectivity will include the clearing of the Growth Market when the service goes live.

Source: EuroCCP

Related articles

  1. New Collateral Transformers To Emerge

    Any ETF or Investment vehicle that includes any cryptocurrency will be subject to a 100% haircut.

  2. OMS Links Cash and Derivatives Markets

    Availability of adequate resources and tools for CCP resolution remains critical for financial stability.

  3. This marks the first successful entry into the professional clearing market in close to a decade.

  4. Bank of America and State Street will support Cboe Clear Europe’s clearing service for securities financing.

  5. The response covers the positions of ISDA’s buy- and sell-side members, but does not reflect the views of ma...