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BNY Mellon Clearing International is launched

15 June 2011

New company to clear futures and derivatives trades for institutional clients in Europe, Middle East and Africa

Read more: BNY Mellon Clearing International

BNY Mellon has announced the creation of a new company to clear futures and derivatives trades on behalf of institutional clients in Europe, Middle East and Africa.

Headquartered in Dublin, the business, BNY Mellon Clearing International Limited is the first MiFID authorised futures and derivatives clearing entity in Ireland and is regulated by the Central Bank of Ireland. It plans to become a clearing member on major exchanges and central clearinghouses globally to support the trading activities of BNY Mellon clients and intends to lead to the creation of 50 new jobs...