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Oslo Bors and LCH.Clearnet launch new clearing service

First Published 18th March 2014

Oslo Børs and LCH.Clearnet new clearing service approved to start 19 March.

As of March 19 2014, equities and ETFs traded on Oslo Børs and Oslo Axess can be cleared through LCH.Clearnet.

The agreements for interoperability between LCH.Clearnet and Oslo Clearing have been approved by the Norwegian Ministry of Finance and the Bank of England.

When the new clearing link goes live in March, trading participants on Oslo Børs and Oslo Axess will have a choice between clearing houses. Oslo Clearing introduced equity clearing for Oslo Børs and Oslo Axess in 2010. Members of Oslo Børs will now also have the opportunity to choose LCH.Clearnet in clearing these instruments.

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