Hellenic Exchanges S.A.: Provision Of Clearing Services To The Romanian Derivatives Market (SIBEX)

19/09/2013

The Romanian Derivatives Exchange SIBEX-SIBIU STOCK EXCHANGE accepted the proposal of the HELEX Group for the provision of clearing services in the new environment taking shape in accordance with Regulation 648/2012 of the European Parliament (EMIR – European Market Infrastructure Regulation), as well as the technological upgrade and support of new projects of the Exchange.

This cooperation aims – among others – to develop new products and services to participants in the two markets, and to reduce operating costs by taking advantage of the economies of scale that a single, technological and regulatory framework of operation will provide to the two markets.

As soon as - in the immediate future - the negotiations are completed, and the contractual, operational and technical details of this cooperation are finalized, further information will be provided to investors.