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EuroCCP goes lives on Burgundy

Burgundy has today become the first Nordic market to go live with a three-way clearing model

The clearer, owned by the Depository Trust & Clearing Corporation, has today become the third provider of clearing services to firms trading on Burgundy, which is the first Nordic trading platform to move to the multiple clearer model..

It has joined the Holland-based EMCF and Swiss exchange-owned clearing house Six x-clear.

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