FEX - The Financial and Energy Exchange Group

For clearing services associated with our Derivatives market FEX has partnered with The Clearing Corporation (CCorp), a Delaware corporation operating out of Chicago and owned by 17 stockholders, many of whom represent the world-wide derivatives marketplace participants and market makers.

CCorp is the only active independent futures clearinghouse in the world. In selecting CCorp as its partner, FEX has sought to combine the integrity, risk management capabilities and long experience of CCorp with the world renowned trading technologies of NASDAQ OMX to offer a compelling business solution suitable to meet the highest expectations of our market participants.

The recent announcements of CCorp in offering clearing services to the OTC marketplace demonstrate the common strategic thinking underpinning our business relationship and our proprietary OTC offerings.