IRGIT UPGRADES TO NASDAQ'S X-STREAM CLEARING TECHNOLOGY

NEW YORK and WARSAW, Poland, April 16 (Bernama-GLOBE NEWSWIRE) -- IRGiT and Nasdaq (Nasdaq:NDAQ) today announced an agreement to upgrade its post-trade platform to Nasdaq's X-stream Clearing technology. Under the terms of the agreement, IRGiT (Izba Rozliczeniowa Giełd Towarowych S.A.) or the Warsaw Commodity Clearing House, will replace its existing legacy engine (Condico Clearing) with one powered by X-stream technology. The upgrade is expected to be rolled out by mid-2016.

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