NLX Gains Regulatory Approval for Launch

A London bus at St Paul's
NLX will be based in London.

All products will be cleared through LCH.Clearnet, which include short and long-term interest-rate futures.

"We have worked closely with the regulators in our application process and would like to thank them for their efforts and support to create this new market," says Charlotte Crosswell, CEO at NLX. "NLX has collaborated with the market to develop a unique proposition that brings much needed competition to European interest rate derivatives."

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