LCH.Clearnet to provide clearing services for Pipeline Financial

Pipeline Financial Group, the European MTF and institutional electronic brokerage that provides buy-side firms with block trading and algorithmic trading services, has announced that LCH.Clearnet will provide clearing services for pan-European equity trading. LCH.Clearnet is the second central counterparty (after BNP Paribas Securities Services) to join Pipeline's multi-CCP clearing and settlement platform.According to Pipeline, the addition of a second CCP will provide CCP-enabled Pipeline