FEX and LCH.Clearnet get Australian licensing

04/10/2013 | Reuters · Australian (tiered subscription model), The

Australian Financial Services Minister Bill Shorten has issued licenses to Financial and Energy Exchange Global to establish a derivatives market for energy and commodities, and to LCH.Clearnet to clear and settle contracts on the new market. "The decision will provide a trading venue to trade specialized derivative products and provide a greater service offering to the market," Shorten said.

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Reuters · Australian (tiered subscription model), The

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