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Prague Stock Exchange and CCP.A to Cooperate

Published: February 20, 2012; 13:46 · (Vindobona)

Prague Stock Exchange (PSE) and Austrian clearing house Central Counterparty Austria (CCP.A) signed a Memorandum of Understanding on the cooperation in cash markets.

Prague Stock Exchange and CCP.A to Cooperate / Picture: © Flickr

The Czech Stock Exchange company and CCP.A are planning to collaborate together for the purpose of establishment of additional clearing services by CCP.A for the cash markets operated by PSE. Their cooperation will offer the possibility to clear and settle PSE trades via Austria's clearing house.

“This will be a major step to establish CCP.A as clearinghouse for the Czech…

This article includes a total of 362 words.

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