LCH Ltd offers interoperable clearing services for cash equity trades executed on Nasdaq Nordic, and its First North platforms.
LCH Ltd offers clearing services to Nasdaq through its EquityClear service, whereby clearing members benefit from margin offsets and collateral efficiencies from centralised clearing. Members also benefit from reduced clearing costs with increased volumes through the member specific incremental tariff.
Nasdaq provides its participants with transformative technologies for the entire lifecycle of the trade - from risk management and trade surveillance to clearing. Their robust trading technology is able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime. Their award-winning data products and worldwide indexes are the benchmarks in the financial industry. Nasdaq Nordic is the home of approximately 720 listed companies.
First North operates in parallel to the Main market but with requirements especially suited for growth companies. First North makes it simple to gain the full benefits of being public, as it is easy for companies to join and be listed there. First North is often seen as the first step into the financial market and approximately 5 companies/year moves to the Main market as they grow and have the ability to fulfil the requirements on the Main Market.
For further information relating to products and services Nasdaq has to offer please access their website: www.nasdaq.com