Polish exchange won in February approval to launch commodities exchange
Nasdaq OMX has cut a deal with the
commodities clearing arm of the Warsaw Stock Exchange to
upgrade its technology and position the clearing house to
expand into new commodities classes.
The transatlantic exchange group said on
Wednesday it has cut a deal with the Warsaw Commodity Clearing
House (known as Izba Rozliczeniowa Gield Towarowych or Irgit)
to replace its legacy technology with Nasdaq’s
X-Stream clearing technology by the middle of next year.
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