MarkitSERV Connects to Nasdaq for FX Clearing

nasdaq-stock-wall-2

MarkitSERV connected to Nasdaq OMX for clearing interest rate swaps in 2012.

"As a consequence of recent regulation, the FX landscape is changing," says Magnus Billing, SVP of Nordic fixed income at Nasdaq OMX. We are approaching FX with a broad offering of clearable products in order to satisfy all of the drivers our members have to clear FX. MarkitSERV will be a vital element in helping NASDAQ OMX's members to satisfy their regulatory requirements in clearing FX and to provide the tools to

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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