|
|
NYSE Euronext announced it has appointed EuroCCP as clearer from day one of the launch of its MTF. EuroCCP will act as a Central Counterparty, enabling anonymous post-trade processing, providing netting and a full range of risk management services to NYSE Euronext’s new pan-European MTF. The MTF is scheduled to be launched in November this year.
In addition, NYSE Euronext has committed to provide access to its trade feed to all four pan-European clearing providers for its MTF once these CCPs have established the necessary interoperability.
Cees Vermaas, Executive Director, European Sales who is leading the new pan-European MTF project at NYSE Euronext said, “This is a significant breakthrough in rationalizing the post-trade infrastructure in