Euroclear Sweden has added Danish krone to its exchange-traded products service offering.
Euroclear Sweden now provides a service for issuance, settlement and payment of exchange-traded products in Danish krone, Euro and Swedish krona.
More than 95 percent of the issued volumes of exchange-traded products in the Swedish market are currently processed via Euroclear Sweden Plug & Clear.
Euroclear Sweden Plug & Clear is a straight-through processing solution for affiliation, issuing and de-registration of exchange-traded products such as warrants and standardised unit traded certificates.
The solution enables efficient processes throughout the product life cycle.
Michael Carty, CEO at Euroclear Sweden, commented: “We are excited to offer our clients the ability to issue and pay in Danish krone, Euro and Swedish krona. Our Nordic offering is available to all clients issuing exchange-traded products through our fully automated solution.”
