LCH.Clearnet Group Ltd (LCH.Clearnet), the leading independent clearing house group, confirms it is happy to accommodate the request from NYSE Euronext to continue to serve its European securities and continental derivatives markets after November 2012.
The new arrangement will extend the cash equities clearing notice period until December 2013 and derivatives clearing notice period until at least June 2013.
Ian Axe, Chief Executive, LCH.Clearnet said: “We look forward to continuing to support NYSE Euronext, as we have for many years, and to providing them with our world class service. In parallel, we are working with them on a longer term plan regarding cash equities’ clearing arrangements.”
