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NYSE futures exchange picks OCC as clearing house

Posted on 15 October 2008

From Reuters: NYSE Liffe, the U.S. futures exchange of transatlantic exchange operator NYSE Euronext NYX.A, said it has picked the Options Clearing Corp to clear its precious metals futures contracts.

The OCC, the world’s largest derivatives clearing organization, will provide clearing for NYSE Liffe before the end of the first quarter of 2009, a statement said. NYSE Liffe, launched on Sept. 8, offers trading in futures and options in gold and silver contracts and said it plans to expand its product offerings in the coming months….. Full Article: Source


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