Clearing and Settlement
Clearing & Settlement
Providing an interoperable clearing model for the pan European equity markets
Turquoise operates an interoperable clearing model for the pan European equity trading service. Participants are given the choice of EuroCCP N.V., LCH.Clearnet Ltd., and SIX x-clear for the clearing of all traded instruments, with the exception of Polish and Spanish instruments, which are cleared by EuroCCP N.V. and LCH.Clearnet Ltd. only, and US instruments, which remain cleared by EuroCCP N.V. only. Turquoise also provides the flexibility for participants to select a different CCP for the clearing activity in different countries.
If you require any further information regarding Turquoise interoperable clearing please contact firstname.lastname@example.org