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March 14, 2012

Cross margining frenzy: Press release from LCH, DTCC, NYSE and NYPC

LCH.Clearnet Group – Media Centre – Press Releases – 2012-03-14 LCH.Clearnet, NYPC, DTCC and NYSE Euronext COLLABORATE TO PROVIDE UNPRECEDENTED CLEARING AND MARGINING EFFICIENCIES FOR MARKET PARTICIPANTS.

I think this trumps the CME press release – provided they can figure out how to deliver the service and actually launch it.

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