Clear and Settled?

Settlement

Consolidation and market practice harmonization of platforms is high up on the European clearing and settlement agenda. Euroclear, the Brussels-based settlement system for securities transactions, for example, is now about to realize one part of its vision of a single Europe. In January 2009, it will consolidate multiple processing platforms into one single platform (SP) aimed at reducing the settlement of securities transaction risks and curbing fragmentation challenges.

This will have an impact

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