Argentina’s BYMA to Adopt Nasdaq’s Clearing Platform
Nasdaq, Inc. (NDAQ)
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Source: GlobeNewswire
BYMA to base its entire post-trade ecosystem on Nasdaq technology Argentinian exchange group to adopt Nasdaq’s real-time clearing platform, expanding the companies’ existing Central Securities Depository partnership The clearing platform will enhance capacity and connectivity whilst reducing operational complexity NEW YORK and BUENOS AIRES, Argentina, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) and BYMA, Argentina’s leading stock exchange group, today announced a significant expansion of their technology partnership that will see BYMA base its entire post-trade ecosystem on Nasdaq technology. Under the terms of the agreement BYMA will adopt Nasdaq’s real-time clearing platform at its central counterparty clearinghouse (CCP), complementing Nasdaq’s existing technology partnership with Caja de Valores, Argentina’s central securities depository, which is also owned by BYMA. Together, the platform allows BYMA to improve the speed, capacity, and connectivity of its pos
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