Clearing Corp lines up further acquisitions

Monday 10 January 2005 at 16:00

The deal struck between Clearing Corporation, Eurex US's clearing partner, and the Johannesburg Securities Exchange last month could signal a change in fortunes for the Chicago-based organisation.

The transaction meant that the JSE licensed Clearing Corp's newly acquired clearing technology platform, and was the first technology sale for the US clearer since it bought onExchange, a US derivatives software firm, in August.