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Euronext Clearing
Euronext Clearing, known until 2023 as Cassa di Compensazione e Garanzia (CC&G), is the central counterparty clearing house (CCP) of the Euronext group of financial market infrastructures. CC&G was rebranded as Euronext Clearing in April 2023. Euronext Clearing is headquartered in Rome. Overview Cassa di Compensazione e Garanzia S.p.A. was established in March 1992. Euronext acquired CC&G together with the rest of the Borsa Italiana Group from London Stock Exchange Group in April 2021. On , Euronext announced that it would expand CC&G into Euronext Clearing and made it the preferred CCP for all its markets in equities, listed derivatives and commodities. See also * Euronext Securities * Central counterparty clearing A central clearing counterparty (CCP), also referred to as a central counterparty, is a financial market infrastructure organization that takes on counterparty credit risk between parties to a transaction and provides clearing and settlement ser ... References ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Counterparty Clearing House
A central clearing counterparty (CCP), also referred to as a central counterparty, is a financial market infrastructure organization that takes on counterparty credit risk between parties to a transaction and provides clearing (finance), clearing and settlement (finance), settlement services for trades in wikt:foreign exchange, foreign exchange, Security (finance), securities, Option (finance), options, and derivative contracts. CCPs are highly regulated institutions that specialize in managing counterparty credit risk. CCPs "mutualize" (share among their members) counterparty credit risk in the markets in which they operate. A CCP reduces the settlement risks by netting offsetting transactions between multiple counterparties, by requiring Collateral (finance), collateral deposits (also called "Margin (finance), margin deposits"), by providing independent valuation of trades and collateral, by monitoring the creditworthiness of the member firms, and in many cases, by providing a gua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euronext
Euronext N.V. (short for European New Exchange Technology) is a European bourse that provides trading and post-trade services for a range of financial instruments. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, derivatives, commodities, foreign exchange as well as indices. By the end of 2023, Euronext operated nearly 2,000 listed issuers with a market capitalization of approximately €6.6 trillion. Euronext is the largest center for debt and funds listings in the world, and provides technology and managed services to third parties. In addition to its main regulated market, it operates Euronext Growth and Euronext Access, providing access to listing for small and medium-sized enterprises. Euronext Paris accounts for more than 80% of Euronext’s total market cap. Euronext also plays a key role in commodities trading, offering markets for power through Nord Pool and for fish through Fish Pool, alongside other agricu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Market Infrastructure
Financial market infrastructure refers to systems and entities involved in Clearing (finance), clearing, Settlement (finance), settlement, and the recording of payments, Security (finance), securities, Derivative (finance), derivatives, and other financial transactions. Depending on context, financial market infrastructure may refer to the category in general, or to individual companies or entities (thus also used in plural: financial market infrastructures). Examples Examples of financial market infrastructure firms include payment systems, Settlement (finance), securities settlement systems, Central counterparty clearing, central counterparties, Central securities depository, central securities depositories, and Trade Repository, trade repositories. Some financial infrastructures have a global reach, such as financial messaging service SWIFT, foreign-exchange settlement service provider CLS Group, and international central securities depositories Euroclear Bank and Clearstream ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Borsa Italiana
Borsa Italiana () or Borsa di Milano (), based in Milan at Palazzo Mezzanotte, Mezzanotte Palace, is the Italy, Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.italy24.ilsole4ore.com,Borsa Italiana" Following exchange privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998.source sense.com,Borsa Italiana On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group.news.bbc.co.uk,London Stock Exchange Buys Borsa This changed on 9 October 2020, when a €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext. Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It is expected Italian Bourse will be rebranded as Euronext Milan in due course. Borsa Italiana is also informally known as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange Group
London Stock Exchange Group plc, also known as LSEG, is a global provider of financial markets data and infrastructure headquartered in London, England. It owns the London Stock Exchange (on which it is also listed), Refinitiv, LSEG Technology, FTSE Russell, and majority stakes in LCH and Tradeweb. History The London Stock Exchange was founded in Sweeting's Alley in London in 1801. It moved to Capel Court the following year. In 1972, the Exchange moved to a new purpose-built building and trading floor in Threadneedle Street. Deregulation, sometimes known as "big bang", came in 1986 and external ownership of member firms was allowed for the first time. In 1995, the Alternative Investment Market was launched and in 2004 the Exchange moved again, this time to Paternoster Square. Between April and May 2006, having been rebuffed in an informal approach, Nasdaq built up a 23% stake in the Exchange. The stake grew to 29% as a result of the London exchange's share consolidation. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euronext Securities
Euronext Securities is the central securities depository (CSD) arm of Euronext. It has been formed from the successive acquisitions by Euronext of the national CSDs in Portugal, Norway, Denmark, and Italy. The change of the four entities' respective names to the Euronext Securities brand was announced on . Interbolsa / Euronext Securities Porto Interbolsa, full original name Sociedade Gestora de Sistemas de Liquidação e de Sistemas Centralizados de Valores Mobiliários, S.A., was established in 1989 as the Portuguese CSD. It was a fully-owned subsidiary of Bolsa de Valores de Lisboa e Porto (BVLP). In 2002, it was purchased by Euronext together with the rest of BVLP. It was initially anticipated that Euroclear would acquire Interbolsa from Euronext, but that transaction did not materialize. On , Interbolsa SA adopted Euronext Securities Porto as its commerciale name. VPS / Euronext Securities Oslo Verdipapirsentralen (VPS), known in English as the Norwegian Central Securities D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Counterparty Clearing
A central clearing counterparty (CCP), also referred to as a central counterparty, is a financial market infrastructure organization that takes on counterparty credit risk between parties to a transaction and provides clearing and settlement services for trades in foreign exchange, securities, options, and derivative contracts. CCPs are highly regulated institutions that specialize in managing counterparty credit risk. CCPs "mutualize" (share among their members) counterparty credit risk in the markets in which they operate. A CCP reduces the settlement risks by netting offsetting transactions between multiple counterparties, by requiring collateral deposits (also called "margin deposits"), by providing independent valuation of trades and collateral, by monitoring the creditworthiness of the member firms, and in many cases, by providing a guarantee fund that can be used to cover losses that exceed a defaulting member's collateral on deposit. CCPs require a pre-set amount of c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
