Former Editor, WSJ City

MTS, the Italian government bond trading platform, is to use Clearnet, the French clearing and netting agency, and Cassa di Compensazione e Garanzia (CC&G), the Italian clearing agency, to provide central clearing counterparty services on the platform.

The establishment of a central clearing counterparty (CCP) means that trades struck on MTS can be executed on an anonymous basis and guaranteed by a central clearing institution.

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Clearnet and CC&G to clear for MTS

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