Cboe makes open access play with EuroCCP buy

Euro Puzzle Fotolia 230x150
By GlobalCapital
10 Dec 2019

Cboe Global Markets has agreed to acquire EuroCCP, the European equities clearing house.

The exchange operator said the cash purchase would enhance its European equities business, creating a pathway for equity derivatives trading and clearing in the region. Cboe already owns 20% of EuroCCP, alongside other stakeholders such as Nasdaq, Euronext, ABN Amro Clearing Bank and The Depository Trust & Clearing ...

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