Oslo Børs Adds EuroCCP

Oslo Børs will add EuroCCP as a third central counterparty, offering clearing services for trades executed on Oslo Børs.

As of 14 May testing of EuroCCP clearing services is available for customers in Oslo Børs CDS environment. Exchange member firms wishing to test EuroCCP’s clearing model for Oslo Børs, needs to liaise with their clearing participant / EuroCCP directly and Oslo Børs’ enablement team in order to configure the clearing set-up in Oslo Børs’ CDS environment.

A list of ISIN codes will be agreed bilaterally between EuroCCP the exchange member for testing purposes, to ensure a smooth and successful test.

The new test opportunity has no technical impacts for participants not initiating testing of EuroCCP’s clearing model.

We will announce more details about the technical launch of EuroCCP in Oslo Børs production environment in due course.

Source: Oslo Børs

Related articles

  1. Aim is to strengthen efficiency and to decrease operational complexity.

  2. FX Algo Trading Pushes Envelope

    The service includes the first physical FX settlement service for cleared FX products.

  3. FX Forwards Move Toward Clearing Mandate

    It is the first US bank to offer client clearing in LCH CDSClear.

  4. Digital Transformation = Cultural Transformation

    LCH SwapAgent and AcadiaSoft aim to automate post-trade for OTC derivatives.

  5. CCP association aims to enhance its global status.