Price war heats up in European share dealing

04/8/2009 | Financial Times (free content)

The European Multilateral Clearing Facility, a clearinghouse owned by Fortis and Nasdaq OMX, plans to reduce its equities-clearing fees in the UK by 40%. Euro CCP, a rival clearer for Turquoise, dropped its fees a week ago. The moves offer a peek into the battle going on in post-trade services in Europe.

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