Friday November 8 2019
News Source: Global Exchanges
Focus: Clearing & Settlement
Country: European Union
On 7th November 2019, EuroCCP announced that regulatory approval has been received to provide clearing services for trades executed on the Frankfurt Stock Exchange. The service will go-live from trade date 11 November 2019 on a Preferred CCP basis for shares and exchange traded funds on Xetra.
Onboarding requirements including testing, documentation and notification of changes to Regulations will be communicated in an additional member notice.
Access to the Frankfurt Stock Exchange has enabled EuroCCP to connect over 95% of European Equities traded on venues and continues to position EuroCCP as Europe’s leading Equity CCP.
Click on the above link for further information.