EMCF clears one billionth equity transaction

Source: EMCF

European Multilateral Clearing Facility NV (EMCF) today announced it had cleared its one billionth equity transaction since January 2011, a new record among European Equity CCPs.

The gross value of these executions is in excess of €5.4 trillion.

This record demonstrates:
• EMCF's high performance and low cost clearing services being a success factor in today's trading environment
• EMCF's strong position in advance of interoperability

EMCF has seen a strong demand throughout 2011, which in part can be attributed to volatility within the euro zone resulting in increased trading. EMCF looks to build on this platform and develop future growth in the European CCP sector.

Jan Booij CEO of EMCF said: "We are pleased to report that EMCF's proven operations at these volume levels which we have further enhanced based on this experience for additional growth. We look forward to building on this success and breaking many more records in the future."

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