Junior exchange, Plus Markets, has selected Anglo-French clearing house, LCH.Clearnet, as central counterparty (CCP) for its new derivatives market, Financial News reports. The deal is still subject to regulatory approvals.

Plus’ new derivatives market, the Plus Derivatives Exchange, will unveil a range of contract-for-difference (CFD) interest rate index products before the end of June. Plus also employs LCH as the clearer for its equities trades.

Click here for the story from Financial News.