BATS Chi-X Europe service allows choice in clearing

01/9/2012 | Securities Technology Monitor

BATS Chi-X Europe introduced a service that lets customers choose from among four European clearinghouses to process trades. "Our launch of interoperable clearing allows European equities traded on BATS Europe and Chi-X Europe to be cleared on a fully interoperable basis, giving our participants more choice and furthering competition amongst central counterparties," said Mark Hemsley, CEO at BATS Chi-X Europe.

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