C-Corp cuts staff, Eurex link still stalled

The Clearing Corporation (C-Corp) laid off 20 people at the end of September as part of its business realignment after the purchase of technology firm OnExchange, FO Week has learned.

C-Corp issued a statement in response to FO Week questions regarding the downsizing stating that the move was made as part of the integration of staff and technology with OnExchange, which it purchased in August.

"In order to facilitate an efficient integration of our technology suites, we have conducted an overall assessment...