European Central Counterparty

26 results about this entity

Period: 18 Apr 2007 - 14 Mar 2013

European exchanges and clearers lay down interoperability guidelines

Trading and clearing venues across Europe have agreed a set of standards to cover the electronic exchange of trade information between competing market infrastructures.

EuroCCP calls for 'Convention on Interoperability' for clearing counterparties

UK-registered clearing house EuroCCP has called for the adoption of a single standard 'Convention on Interoperability' that all central counterparties should sign, as the European clearing community struggles to implement a raft of bilateral agreements.

Omgeo and EuroCCP to develop central counterparty for hedge fund transactions

Post-trade utility Omgeo and clearing house EuroCCP have launched joint development of a pan-European equities central counterparty (CCP) service for hedge fund transactions.

SIX- x-clear and EMCF to offer competitive clearing

SIX x-clear and Dutch central counterparty EMCF have signed a Memorandum of Understanding to offer competitive clearing across multiple stock exchange venues.

EuroCCP makes move on Spain as Turquoise gears up for expansion

DTCC subsidiary European Central Counterparty (EuroCCP) is to extend its footprint to Spain next month, as it provides clearing and settlement support for the next stage in the expansion of the bank-backed Turquoise trading platform.

Nasdaq OMX buys stake in EMCF

Transatlantic exchange Nasdaq OMX is acquiring a 22% equity stake in European Multilateral Clearing Facility (EMCF), the Fortis Bank subsidiary that was taken over by the Dutch government.

Nyse Euronext MTF to offer competitive clearing

Transatlantic exchange Nyse Euronext has selected EuroCCP to provide clearing and settlement services for its new European multilateral trading facility (MTF) when it launches in November, but it will open up the platform to competing clearing houses next year.

Fortis' clearing subsidiary EMCF passes into state control

Ownership of EMCF, the Fortis Bank subsidiary that provides clearing services to Instinet Chi-X and Nasdaq OMX, has been passed to the Dutch government as part of a EUR16.8 billion rescue package.

EuroCCP and Turquoise gear up for Friday launch

European Central Counterparty Limited (EuroCCP) - the pan-European arm of US depository DTCC - is expected to launch on Friday with 15 firms having gained approval as clearing participants, including the nine founding members of Turquoise and six other firms.

Turquoise hit by clearing issue in Italy - report

Bank-backed pan-European platform Turquoise will not offer trading in Italian equities when it launches because Italian central securities depository Monte Titoli will not cooperate with its own clearing and settlement provider, EuroCCP.

EuroCCP claims lowest clearing costs in Europe

If European firms used the EuroCCP platform to clear all trades, the industry could slash costs and save around EUR350 million a year, claims the DTCC subsidiary.

Smartpool selects EuroCCP and LCH.Clearnet for clearing and settlement

EuroCCP and LCH.Clearnet have both been selected to provide clearing and settlement services for SmartPool - the pan-European electronic block trading platform being established by Nyse Euronext in partnership with HSBC and BNP Paribas.