DTCC and LCH.Clearnet to merge
The Depository Trust & Clearing Corporation (DTCC) and LCH.Clearnet Group last month announced that they would merge to create the world's largest clearing house. The deal valued LCH.Clearnet at €739 million, equating to €10 per share. The tie-up is expected to result in significant efficiency gains and technology savings, and means the US and Europe will be supported by a common clearing infrastructure for the first time. The companies expect to close the deal by March 15, 2009.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Waters Wavelength
After Refinitiv deal, LSEG Labs builds machine-learning market impact tool
Geoff Horrell talks about the Lab’s innovation strategy after the Refinitiv acquisition, deep learning, and the ideation process.
Subscribe to Weekly Wrap emails
Most read
- After Refinitiv deal, LSEG Labs builds machine-learning market impact tool
- Google aims AI at corporate actions challenges
- Helping Firms Make the Most Informed Business Decisions
- SimCorp makes push into managed services
- Bloomberg deploys math, not AI, to blend risk management and portfolio construction