Nasdaq OMX Europe Preps for Friday Launch

Members have been testing with the European Multilateral Clearing Facility (EMCF), which will be clearing trades from the MTF, since the end of July, says Todd Golub, head of markets development at Nasdaq OMX Europe. "We're doing the end-to-end testing ... so the customers can see exactly how it looks to trade with us," he says. The tests will be conducted until the launch date, he adds.

Nasdaq OMX Europe ran user acceptance tests every Friday since the beginning of September. Members were

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