Nasdaq Clearing Introduces Direct Clearing Client Model
(WorldNews Denmark)

Nasdaq Clearing Introduces Direct Clearing Client Model Enhanced model introduces direct relationship between client and CCP, designed to increase cost efficiency and client protection on both sell and buy sides. Stockholm, October 17, 2017 - Nasdaq (Nasdaq: NDAQ) Clearing today announced the launch of a direct clearing client model, designed to minimize client driven capital costs, especially for repo transactions, while clients receive increased protection in case of a clearing member`s default. `The management of client...