European clearing houses EuroCCP and EMCF have completed their post-merger integration and will now switch focus to providing clearing services for Europe’s domestic stock exchanges.
The new combined entity, which will retain the EuroCCP name and is jointly owned by Bats Chi-X Europe, Nasdaq OMX, ABN Amro Clearing and US post-trade giant The Depository Trust & Clearing Corporation, now clears for 16 stock exchanges and alternative platforms in Europe, making it one of the largest clearing houses for cash equities in the region.