EuroCCP to clear Euronext Dublin trades

We are pleased to announce that EuroCCP has been appointed as the sole CCP for Euronext Dublin as from November 2018.

Euronext undertook a detailed post trade analysis in order to determine the optimal post trade model for its clients. Given EuroCCP’s existing pan-European footprint, its access to 19 European markets, 26 trading venues and successful decade long presence in the cash equities clearing market, Euronext chose to appoint EuroCCP as the sole CCP for Euronext Dublin. EuroCCP’s clients will be able to cross-platform net all Irish trades executed on any of the platforms currently serviced by EuroCCP.

The Euronext Dublin segment is scheduled to be migrated to Euronext’s central order book in November 2018, with EuroCCP providing clearing services from that date. Further details can be found on EuroCCP’s website. We also refer you to Euronext’s communication, which can be found here.

EuroCCP and Euronext will be jointly working on further detailed documentation, including migration planning, which will be provided in due course.