Nasdaq OMX plans to expand its Nordic clearing business into the rest of Europe as the transatlantic exchange group seeks to take advantage of the increasing appetite for clearing amid the re-regulation of the financial sector.

Bob Greifeld, chief executive, said the group aimed to expand into pan-European derivatives clearing using its existing Nordic clearing house, part of Nasdaq OMX Derivatives Markets, which offers trading in Swedish, Norwegian, Finnish, Danish, Icelandic, Russian and Baltic derivatives.