NYSE Liffe Clearing Preps System Overhaul

Tanzeel Akhtar
08 Jun 2010

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Officials from the NYSE Liffe Clearing arm of global exchange operator NYSE Euronext expect to deliver a major system overhaul to NYSE Liffe Clearing’s system by the end of the year.

"The system has been used for around 20 years and was previously used by LCH.Clearnet," says Declan Ward, executive director of NYSE Liffe Clearing. "We changed our relationship with LCH.Clearnet in July 2009; we are a central counterparty (CCP) clearer to our own contracts. This status change has given us the

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