Nasdaq OMX NLX: access all areas

Futures open interest will follow cleared swaps, says Charlotte Crosswel

charlotte-crosswell
Charlotte Crosswell

In the spring of 2012, Nasdaq OMX Europe president Charlotte Crosswell spied an opportunity.

It was not long after regulators had thwarted the merger between the parent companies of Europe's largest futures exchanges, Eurex and Liffe, and the latter had quickly announced plans to set up its own derivatives clearing house in London, ditching LCH.Clearnet. To Crosswell, this gave Nasdaq a chance to break into the lucrative interest rate futures market – if Nasdaq could clear at LCH.Clearnet, marke

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: