Friday 29 March 2024
 
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clearing house

ADX, DGCX partner on unified clearing house

The Abu Dhabi Securities Exchange (ADX) has signed an agreement with Dubai Gold and Commodities Exchange (DGCX) and DMCC (Dubai Multi Commodities Centre) to create a collaboration on a unified clearing house in the UAE. The memora

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LSE in talks to buy clearing house LCH

The London Stock Exchange is in talks to buy its main clearing house LCH.Clearnet, a deal that could snatch the prized European asset from under the noses of data vendor Markit and exchange rival Nasdaq OMX. The LSE, which failed two month

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CBB clears cheques worth $9.9bn in 2007

The Central Bank of Bahrain (CBB) Clearing House processed cheques valued at BD3.74 billion ($9.9 billion) in 2007, an increase of 25.6 per cent over the previous year. The incidence of returned (or dishonoured) cheques declined to an all-

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