European Multilateral Clearing Facility
| European Multilateral Clearing Facility NV | |
|---|---|
| legal form | Naamloze vennootschap |
| founding | March 29, 2007 |
| Seat | Amsterdam |
| management | Jan Booij, Chief Executive Officer |
| Website | www.euromcf.nl |
The European Multilateral Clearing Facility (EMCF) is one of the largest European Central Counterparties for clearing for Multilateral Trading Systems (MTF); The company is a joint venture of Fortis Bank (78%) and the NASDAQ OMX Group (22%).
backgrounds
EMCF has been clearing the MTF Chi-X Europe since the start on March 29, 2007 . As of September 28, 2008, the clearing for Nasdaq OMX Europe was also taken over and BATS Trading Europe has also been processed via EMCF since October 31, 2008.
In July 2009, the London Stock Exchange announced its intention to acquire a stake in EMCF. However, due to differing price expectations, these discussions were ended again in June 2010.
See also
Individual evidence
- ↑ EMCF - About us ( Memento of the original from February 11, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ eFinancialNews of July 13, 2009
- ↑ Bloomberg: London Stock Exchange Said to Abandon Talks to Buy EMCF Stake
