Headquartered in Amsterdam, European Central Counterparty N.V. (EuroCCP) was formed in December 2013 following the combination of Dutch based European Multilateral Clearing Facility N.V. and the UK based European Central Counterparty Limited. The company is equally owned by the stock exchanges BATS Chi-x Europe and NASDAQ OMX, by ABN AMRO Clearing Bank and by The Depository Trust & Clearing Corporation. EuroCCP has a team of 50 employees, of which 10 are based in its London branch. The company has a representative office in Stockholm.
EuroCCP provides central counterparty services to stock exchanges, multilateral trading facilities and other equities trading platforms. EuroCCP provides these post trade services to 16 trading platforms and 50 clearing participants. The securities cleared by EuroCCP include equities, depositary receipts and ETFs from 18 national markets.
The post trade services offered are trade compression/netting, settlement, risk management and ancillary services