Thursday, May 25, 2006

LSE to offer choice of clearing providers

LSE to offer choice of clearing providers

LSE adds a choice for clearing services In a move that could cut costs substantially for banks, the London Stock Exchange said it had signed a deal with Swiss-based clearing house SIS x-Clear. The move gives banks an option to existing clearing services offered through LCH.Clearnet.

Read the full article: Financial Times (London)

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