We are delighted to have been shortlisted in two categories at the Financial News Excellence in Trading and Technology, Europe Awards 2018.
- Diana Chan, Chief Executive Officer, has been nominated in the Industry Leader of the Year category, and
- EuroCCP – the cash equities clearing specialist – has been nominated in the Clearing House of the Year category
The awards are voted on by an independent panel consisting of industry leaders and experts.
We would like to thank our Clearing Participants for their ongoing support throughout the year and look forward to continuing our successful partnership in the future.
Underpinning the nominations, Financial News confirmed:-
Nominee to Industry Leader of the Year, Diana Chan, CEO, EuroCCP
In her decade in charge of EuroCCP, Diana Chan has built the biggest and most connected cash equities clearing house in Europe. She has positioned the firm to benefit from MiFID II’s open access provisions to give investors a choice of clearing houses and has been a driving force behind the development of Europe’s market infrastructure. Diana will be taking on a new role later this year as senior adviser to chairman Jan Bart de Boer, while also still representing EuroCCP in its engagement with regulators.
Nominee to Clearing House of the Year, EuroCCP
EuroCCP has led efforts to promote competition in clearing across Europe through greater interoperability. We clear equities from 18 European markets as well as the US, with a total daily value of €30bn-€40bn. In 2017, EuroCCP went live as a clearing provider for equity and exchange traded funds and trades executed on SIX Swiss Exchange, while also adding Instinet BlockMatch, Euronext Block and other Euronext venues. It is expected that access to European equity trades will rise to 95% this year. The company has actively supported TARGET2-Securities, directly connecting to the settlement platform with each migration wave.