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Clearing is generally accepted as a securities risk management process, and is supported
by a clearing house or central counterparty (CCP). It offers the following benefits:
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Post-trade anonymity
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Risk Management
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Ability to support multi-lateral netting
SIX Swiss Exchange introduced a central counterparty service (CCP) for eligible securities
in cooperation with SIX x-clear Ltd and LCH.Clearnet Ltd.
SIX x-clear and LCH.Clearnet act as central counterparties for their members and offer
comprehensive clearing services for all CCP-eligible securities that are
traded on the SIX Swiss Exchange.
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