Nasdaq Commodities is pleased to announce that Macquarie Group’s subsidiary Macquarie Bank International Limited has become a General Clearing Member (GCM) at Nasdaq Commodities.
As a GCM with Nasdaq, Macquarie strengthens its position as a full service provider in European commodity trading and offers clients a comprehensive solution for one of the most important exchanges in Europe. Becoming a GCM of the exchange enables Macquarie to perform clearing for clients and non-clearing members across a full range of products cleared on Nasdaq Commodities in Europe.
Macquarie is a global, full service, futures broker with more than 30 years’ track record in the futures industry. With a global network of desks and market-leading electronic execution platforms, Macquarie’s Futures Division provides 24-hour execution and clearing coverage of all major markets.
Ian Johnson, Head of Macquarie Futures in Europe said: “As a leading provider of execution and clearing services on more than 50 exchanges globally with over $US6 billion in futures client funds under management, Macquarie’s membership of the Nasdaq Commodities in Europe will enhance our global, 24-hour offering.”
For more information, please contact Macquarie Group:
Lauren Jefferys
Corporate Communications, Macquarie Group
Phone +44 20 3037 2860
lauren.jefferys@macquarie.com
For further information, please contact Nasdaq Commodities:
Les Male, Head of Sales Commodities Europe, phone +44 20 3753 2186/ +44 7809 845980, les.male@nasdaq.com
Media contact:
Sara Aadnesen, Director Corporate Communications, phone +47 9060 0759, sara.aadnesen@nasdaq.com
About Macquarie
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie employs more than 13,597 people in over 27 countries. At 31 March 2017, Macquarie had assets under management of £294 billion. For more information, visit www.macquarie.com.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com.
About Nasdaq Commodities
Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing.
About Nasdaq Clearing
Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance.
For more information, visit www.nasdaqomx.com/commodities
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