EuroCCP Signs Agreement With Deutsche Börse
The deal with Europe's largest equities CCP is expected to increase competition in the market.
![clearing capital to increase clearing capital to increase](/sites/default/files/styles/landscape_750_463/public/import/IMG/262/90262/clearing-580x358.jpg.webp?itok=YvRXzcmg)
The Frankfurt Stock Exchange will introduce EuroCCP as an additional central counterparty clearing house (CCP) for cash equities and exchange-traded funds on Xetra.
“EuroCCP would become connected as a preferred CCP,” says Christian Schürlein, head of institutional sales cash market at Deutsche Börse.”That means for Xetra a trading member can opt for a preferred CCP, in this case EuroCCP. We will record this in our trading system. If two trading members in a trade have opted for the same
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