Overview: The EuroCCP Advantage
European Central Counterparty Limited (EuroCCP) delivers safety and savings to trading firms through its low-cost, low-risk pan-European clearing and settlement services. EuroCCP clears trades in 19 markets, including more than 6,000 equities issues in Europe, US issues, and 120 listed Depositary Receipts through Euroclear.
EuroCCP's innovative pricing structure provides volume discounts at a Participant level and offers the lowest-ever equity clearing tariffs available in Europe. With its centralised risk management, EuroCCP offers superior counterparty risk protection. And it earns top reviews from customers for its operational excellence. Firms can estimate their clearing fees using EuroCCP's Clearing Fee Simulator.
EuroCCP Operations
EuroCCP, a London-based subsidiary of The Depository Trust & Clearing Corporation (DTCC), leverages DTCC's 35-plus years of experience to design and run its applications and provide robust risk management for clearing and settlement of trades done in multiple national markets across Europe.
EuroCCP Management
EuroCCP has its own Board of Directors, comprising representatives of EuroCCP Participant firms, independent industry representatives, and representatives from company management.
Interoperability
EuroCCP offers several recommendations for implementing interoperability safely, among them the adoption of a single standard Convention on Interoperability to be signed by all interoperating CCPs and the augmentation of CCPs' existing default funds.
EuroCCP FAQs
Who is EuroCCP? Who owns EuroCCP?