On 16 March 2009, LCH.Clearnet Ltd (LCH.Clearnet) published a press release where it stated that it had launched clearing services for PLUS Markets Group (PMG), London’s small and mid-cap stock exchange.
LCH.Clearnet supports the PLUS-pool, a “dark liquidity pool” for small & mid-cap securities. PLUS-pool provides a venue for the efficient electronic trading of large institutional block orders, reducing market impact and costs. It complements PLUS’ market maker offering and RSP business.
View LCH.Clearnet goes live with clearing for PLUS markets, 16 March 2009