SIX to Adopt Nasdaq Financial Framework for Clearing Services

[kreslik.news]

Nasdaq Inc (Nasdaq), a financial technology provider and stock exchange operator, announced this Thursday that it will be providing risk management services to SIX, a major provider of clearing services in Europe. Nasdaq’s risk management solution for clearing services, the Nasdaq Financial Framework, will support SIX’s clearing of European equities and Nordic derivatives.

Although it may be best known for operating the eponymous, New York-based NASDAQ stock exchange, Nasdaq has made further headway in the institutional trading world by providing technology for a mix of financial companies and governmental bodies.

The firm now provides risk management, clearing and market surveillance technology in ... (read more)