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IPFS News Link • Economy - Economics USA

NYSE to create fixed income derivatives clearing house

• Reuters
NYSE said it had signed a deal with Depository Trust & Clearing Corp to form a joint venture for clearing U.S. fixed income derivatives.

The new clearing house, New York Portfolio Clearing, will combine the NYSE Euronext's U.S. futures exchange and DTCC's Fixed Income Clearing Corp to offer risk management, clearing and settlement efficiencies for U.S. fixed income securities and derivatives.

 

1 Comments in Response to

Comment by Lucky Red
Entered on:

How much is it gonna cost us sheeple?