The Clearing Corporation (C-Corp) and HedgeStreet last week
announced a clearing agreement that both parties hope will
bring institutional clients to the exchange. Under the deal,
C-Corp clearing firms will be able to trade on HedgeStreet and
clear trades on C-Corp, beginning in the third quarter.
HedgeStreet, the Internet-based exchange that trades binary
options on everything from currencies to economic events, sees
the partnership as a way to crack into the traditional chain of
liquidity: routing trades from FCMs to the exchange.
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