21 August 2017
visit www.avoka.com

EMCF volumes reach 4m trade sides

25 January 2010  |  1824 views  |  0 Source: EMCF

European Multilateral Clearing Facility (EMCF) reached a new milestone as the number of trades cleared surpassed 4 million in a single day for the first time on Friday, 22 January 2010.

The strategy to offer low-cost, pan-European services appeals to clients as it has generated steady volume growth on the platforms serviced by EMCF. Chi-X Europe, BATS Europe, Nasdaq OMX Nordic Exchanges, Nasdaq OMX Europe, Burgundy and Quote MTF, all of which are served by EMCF, benefit from the strong offering of EMCF and the connectivity to multiple markets.

EMCF became the largest CCP for on-exchange European cash equities in Q4 2009, taking over the first spot from the LCH.Clearnet Group. EMCF clearing volumes reached 2.5m trade sides on a European total of 7.1m per day on average in Q4 2009, according to statistics collected by FESE.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
10350 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8633 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
8436 views 0 | 3 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8311 views comments | 10 tweets | 7 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7662 views comments | 15 tweets | 15 linkedin

Featured job

Find your next job