EuroCCP Selected by Burgundy to Provide Interoperable Clearing

EuroCCP, the pan-European cash equities clearing house, will provide interoperable Central Counterparty (CCP) clearing to Burgundy, the Nordic exchange.

EuroCCP will offer CCP clearing in securities traded on Burgundy in 2012. This is subject to approval by the regulators of Burgundy and EuroCCP.

Diana Chan, CEO of EuroCCP, says the organization is pleased to see more trading venues adopt interoperable clearing as ultimately this will succeed in transforming the European equities trading

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