clearing house

Citi launches third party clearing in Turkey

February 16, 2010 - 3:28pm | Banks and internet banks | News
Citi launches third party clearing in Turkey

To comply with the Turkish regulation initiated by the Turkish Derivatives Exchange (TurkDEX) and its clearing house Takasbank Citi’s Global Transaction Services business for Europe, the Middle East and Africa (Emea) has introduced third party clearing for exchange traded derivatives in Turkey.

At the moment Citi provides third party clearing for exchange traded derivatives in Germany, Switzerland, Greece and the Czech Republic.


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