Christophe Hémon, CEO, LCH SA, commented:
We’re delighted to be extending our relationship with Euronext to offer clearing for Oslo Børs Derivatives Market. This is a significant step for us as we continue to expand the number of products and trading venues available to our clearing members.
Øivind Amundsen, CEO of Oslo Børs, added:
LCH SA has a strong track record in providing the market with robust risk management solutions across a range of products. Connecting to LCH will support the growth of our membership base, by onboarding a more diverse set of member firms. We’re pleased to be offering Oslo Børs’s members with an efficient post trade service to fulfil their clearing obligations.
Earlier in October, LCH announced that it will be supporting the clearing of bonds issued as part of the European Union’s temporary support to mitigate unemployment risks in an emergency (SURE) programme.
