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ADX, DGCX partner on unified clearing houseThe Abu Dhabi Securities Exchange (ADX) has signed an agreement with Dubai Gold and Commodities Exchange (DGCX) and DMCC (Dubai Multi Commodities Centre) to create a collaboration on a unified clearing house in the UAE. The memora More… |
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LSE in talks to buy clearing house LCHThe London Stock Exchange is in talks to buy its main clearing house LCH.Clearnet, a deal that could snatch the prized European asset from under the noses of data vendor Markit and exchange rival Nasdaq OMX. The LSE, which failed two month More… |
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CBB clears cheques worth $9.9bn in 2007The Central Bank of Bahrain (CBB) Clearing House processed cheques valued at BD3.74 billion ($9.9 billion) in 2007, an increase of 25.6 per cent over the previous year. The incidence of returned (or dishonoured) cheques declined to an all- More… |
