The TRADE

Backlash against the EU’s new active clearing account requirements continues as sell-side voice concerns

Almost 90% of sell-side clearing managers believe the proposals will increase costs for their clients, an Acuiti report has found. Around two thirds of sell-side clearing managers do not support the ...
Nasdaq

General Clearing Member Model

A GCM is an entity that has been approved by the clearing house for clearing of principal transactions and client transactions on behalf of GCM clients. A general clearing member signing a general ...
The TRADE

EU committee gives green light for Euro derivatives clearing active accounts

Proposal to draw Euro clearing back to the Bloc via active clearing accounts with European CCPs has proved divisive with participants who claim the move could be anti-competitive. A committee of ...
Nasdaq

Nasdaq Commodities Membership

An Exchange Member means an entity that has entered into an Exchange Membership Agreement with Nasdaq Oslo ASA. An Exchange Membership requires a Clearing Membership or a Clearing Account with a ...