Baymarkets Joins FEAS as an Affiliate Member

Wednesday, 27 April 2022


During the 34th Extraordinary General Assembly of the Federation of Euro-Asian Stock Exchanges, Baymarkets was approved as an affiliate member of the federation.

Baymarkets AS, based in Oslo and Stockholm, is an independent vendor of clearing systems for the financial markets and has been operating since 2007.

The team has deep knowledge and first-hand experience of providing both exchange and OTC trading and clearing technology, across multiple asset classes including; commodities, equities, rates and credit products, both cash and derivatives.

Baymarkets owns and develops the full service Clara Clearing system and is responsible for the operation, support, maintenance and product development of Clara as the SIX x-clear CCP system, which provides clearing services to Oslo Exchange, Nasdaq Nordic and multiple European MTFs.

Baymarkets has access to world leading clearing and post-trade expertise, both internally, in the board and close external liaisons. For example, the Oslo office is shared with SIX x-clear operations enabling invaluable insight to all aspects from both sides.

Some of Baymarkets’ unique features are CCP interoperability and advanced risk management algorithms. Clara features standardised APIs for integration with marketplaces, banks, CSDs, clients etc.

FEAS is happy to welcome Baymarkets – This membership gives them an opportunity to get FEAS Benefits, such as business support, knowledge sharing through training and webinars, research and publications, PR Support, participation in FEAS Flagship event ConFEAS. With this membership earned Baymarkets support federation’s vision and mission to contribute to the cooperation, development, support and promotion of capital markets in the Euro-Asian Region (i.e. Europe, Asia and the Mediterranean Basin).

More about the company –