Swedish trading technology specialist Cinnober is spinning off its real-time clearing business into a separate subsidiary. Cinnober currently provides this service – known as “client clearing” – to large international banks and is keen to grow the business.
Japan Exchange Group (JPX) is building a real-time clearing solution for its listed derivatives market with the help of specialist provider Cinnober. Sweden-based Cinnober is providing JPX with its flagship Tradexpress clearing platform. JPX’s listed derivatives market is operated by the Osaka Securities Exchange (OSE) and cleared by the Japan Securities Clearing Corporation (JSCC). JPX […]
