NYSE Euronext expects to receive regulatory approval for its
new US futures exchange from Commodity Futures Trading
Commission by the third quarter. The transatlantic exchange
also expects to have secured a clearer for the new set-up by
the end of the year. NYSE Euronext is in talks with LCH
Clearnet. A spokesman for the clearer confirmed that the
exchange had approached it but refused to elaborate on any
We are hoping to have our DCM [Designated Contract
Market] licence by Q3 2008, Duncan Niederauer, chief
executive officer of NYSE Euronext, said.
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