Montreal Exchange eyes OTC markets

The Montreal Exchange, Canada's leading derivatives exchange, plans to launch the first over-the-counter clearing services for the local financial derivatives market.

The move is the exchange's second foray into the OTC market, and is designed to cement its position in the local market, as well as to complement its listed contracts.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions