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BNP Paribas – licensed to clear

BNP Paribas Securities Services today (June 9) announced that its Singapore branch has been granted clearing membership to begin offering clearing services in locally listed derivatives. The licence is its second such licence in Asia.  In March 2009 BNP Paribas Securities Services obtained NSE clearing capacity. Increasingly, private banks are keen to offer their clients access to listed derivatives products…

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