EuroCCP allows settlement-fee netting for some stocks

08/12/2013 | Bloomberg · Financial Times (tiered subscription model)

EuroCCP, Depository Trust & Clearing's European clearinghouse, has started offering traders a service that reduces settlement fees for trading UK or Irish stocks. EuroCCP is allowing netting of such transactions across BATS Chi-X Europe, NYSE Arca Europe and other venues for which it clears.

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Bloomberg · Financial Times (tiered subscription model)

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