Clearing house was authorised this week to create new divisions
Spanish clearing house, BME Clear, has
delayed its interest rate swaps launch to the fourth quarter of
the year, despite this week winning authorisation for new
As reported by FOW earlier this week, the
Spanish clearing house has won regulatory approval from the
CNMV - the Spanish competent authority - to launch interest
rate over-the-counter (OTC) derivatives and cash equities
divisions, ahead of the introduction of the European
Infrastructure Regulation’s (Emir) clearing
mandate next year.
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