NYSE Euronext wins race to clear stock loans

German exchange giant Deutsche Börse has had to concede defeat to its largest European rival NYSE Euronext in their race to launch clearing services for their respective stock lending systems.

NYSE Euronext said in September last year it would launch clearing for SecFinex, its stock lending system, before the end of June this year.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached