Euronext Clearing

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Euronext Clearing, known until 2023 as Cassa di Compensazione e Garanzia (CC&G), is the central counterparty clearing house (CCP) of the Euronext group of financial market infrastructures. CC&G was rebranded as Euronext Clearing in April 2023. [1]

Contents

Overview

Cassa di Compensazione e Garanzia S.p.A. was established in March 1992. [2]

Euronext acquired CC&G together with the rest of the Borsa Italiana Group from London Stock Exchange Group in April 2021. [3] On 9 November 2021, Euronext announced that it would expand CC&G into Euronext Clearing and made it the preferred CCP for all its markets in equities, listed derivatives and commodities. [4] :4

See also

References

  1. "IT – Euronext Clearing, the Euronext's Central Counterparty". Société Générale. 24 April 2023.
  2. "Cassa di Compensazione e Garanzia response to the Financial Stability Board: Discussion Note on "Essential Aspects of CCP Resolution Planning"" (PDF). London Stock Exchange Group. October 2016.
  3. "Euronext today completes the acquisition of the Borsa Italiana Group and publishes Q1 2021 results". Euronext. 28 April 2021.
  4. Euronext Clearing Migration: Frequently Asked Questions for the settlement of securities (PDF), Euronext Securities Milan, September 2023