05.10.2018

Oslo Børs Adds EuroCCP

05.10.2018

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. CEDX is planning to expand its range of products in 2023, subject to regulatory approvals.

  2. The CFTC regulated derivatives market and clearer was not included in FTX's bankruptcy filing.

  3. Schroders cleared NDF trades across a Asian and Latam currency pairs via Citi.

  4. The derivatives venue owned by FTX wanted to offer products that were not fully collateralized.

  5. Trading Europe From ‘Across the Pond’

    Cboe acquired EuroCCP on 1 July 2020.