Following a year of expansion in its derivatives business, including gaining membership at Spanish derivatives market Meff and carbon emissions exchange European Climate Exchange (ECX), Fortis Clearing has said that it was approaching its target of a 10% market share in third party clearing business.
Speaking to FO Week last week, global director of commerce for Fortis Clearing, Jan Bart De Boer, said that his firm was also looking to build its global futures business with plans laid to link up with New York Mercantile Exchange...