Chi-East chooses LCH.Clearnet as clearing facility

Nov 18, 2009

The London-based clearing house beat seven other firms to the mandate. Meanwhile, Chi-X is in talks with other Asia-Pacific exchanges over similar deals.

Chi-East, a joint venture between trading platform provider Chi-X and Singapore Exchange (SGX), will use London-based LCH.Clearnet as the clearing facility for Asia's first exchange-backed dark pool.

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