Turquoise Derivatives

LCH.Clearnet Ltd (LCH.Clearnet) provides clearing and settlement services to Turquoise Derivatives which is operated by Turquoise Global Holdings Limited (TGHL). TGHL is a recognised Multilateral Trading Facility offering two trading platforms, Derivatives and Cash Equities. Turquoise Derivatives was created as a result of the transfer of EDX London (EDX) into TGHL. LCH.Clearnet has been providing clearing services for EDX contracts since 2004 and will continue to provide clearing services to Turquoise Derivatives under the same clearing model.

Turquoise Derivatives offers trading of single stock, index and dividend derivatives based on Pan-European and International Order Book (IOB) equities. Turquoise Derivatives has a strategic relationship with Oslo Børs to offer their respective members access to each others’ markets, order book and liquidity in respect of a selected range of products.

By clearing through LCH.Clearnet, Turquoise Derivative clearing members benefit from multilateral netting, counterparty risk management, straight through processing and counterparty anonymity.

Further information is available on the Turquoise website:

http://www.tradeturquoise.com/