EuroCCP, the clearing house owned by the US-based Depository Trust & Clearing Corporation, posted a €10m loss last year, although it said it remains on track to reach profitability in 2015.

The fledgling European clearing house, which clears equities trades on alternative venues including Turquoise, SmartPool and NYSE Arca Europe, reported pre-tax losses of €10.9m for 2009, according to accounts filed at Companies House last week.