About Baymarkets
About
Baymarkets is located in Oslo, Norway and Stockholm, Sweden and is an independent vendor of clearing systems for the financial markets and has been operating since 2007
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In November 2025, Baymarkets joined SIX Group being a fully owned subsidiary of SIX Group.
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Baymarkets is Affiliate Member of Federation of Euro Asian Stock Exchanges (FEAS) and members of Association of Futures Markets (AFM)
Our Experience
The team has deep knowledge and first-hand experience of providing 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. Baymarkets has access to world leading clearing and post-trade expertise, both internally, in the board and close external liaisons.
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Some of our unique features are VaR risk model for portfolio based risk calculations, flexible account model and festure riich stress testing and backtesting. Clara features standardised APIs for integration with marketplaces, banks, CSDs, clients etc.
Management
Peter Fredriksson:
Executive Chairman of the Board of Baymarkets. Peter is a well-known FinTech pioneer within the financial industry and has extensive trading systems experience.
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Tore Klevenberg:
Baymarkets CEO. Tore is a clearing and clearing systems thought-leader and technologist. He brings a wealth of industry specialism to the company and its clients.
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Rinchen W. Chopathar:
Board director in Baymarkets and Head of IT Clearing and Post-Trade Global Services at SIX Group. He brings long-standing experience in consulting, project management, and leadership in financial IT. He builds stable and scalable IT landscapes, leads modernizations and migrations, and drives technology innovation in post trade and clearing.
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Stian Samuelsen
Board director in Baymarkets and Chief Operating Officer and Head of Clearing Operations with SIX x-clear. Stian has years of experience operating and developing clearing houses and clearing services.