Central Counterparty Clearing on NASDAQ OMX Nordic

NASDAQ OMX is committed to continue driving the development of an efficient Nordic equity market. We are currently running a number of initiatives to increase market liquidity and further strengthen the Nordic equity market’s attraction to both local and international investors.

 
A key initiative has been the launch of a central counterparty clearing (CCP) mechanism for Nordic cash equity trading. The Nordic equity markets have taken a quantum leap from bilateral clearing to central counterparty clearing in record time as NASDAQ OMX and European Multilateral Clearing Facility N.V. (EMCF) launched CCP mechanism on the Nordic equity market.

Full CCP Clearing was launched in a phased approach, starting on the 9th October 2009 with a Soft Launch of 9 ISINs on the Copenhagen, Helsinki and Stockholm markets. NASDAQ OMX extended CCP Clearing to additional instruments on Copenhagen and Stockholm markets on the 19th October 2009. Additional instruments were added to CCP Clearing on the Helsinki market in November 2009. The scope of CCP Clearing can be viewed through the PDF-document below.

In order for our members and their data providers to be informed about the project, we have published information regarding the CCP implementation on the Member Extranet.

To obtain the current list of CCP cleared instruments, please click here

For more information, please visit our member extranet
NASDAQ OMX Nordic Member Extranet »