EuroCCP is a central counterparty. Central counterparties (CCPs) give protection to both sides of a trade, providing to each party that the trade will settle at the agreed price in the event one party defaults on its obligations. Headquartered in Amsterdam, EuroCCP was formed in 2013 to provide low-cost equity clearing and settlement services throughout Europe. EuroCCP is the result of combining EuroCCP ltd. and EMCF N.V., both formed in 2007.
EuroCCP delivers safety and savings to trading firms through its low-cost, low-risk pan-European clearing and settlement services. EuroCCP clears equities from 18 European markets and from the US, Depositary Receipts as well as ETFs and Currency ETCs.
EuroCCP having its registered office at Strawinskylaan 1163, 1077 XX Amsterdam the Netherlands, is registered in the commercial register under number: 34268194 and has a branch office in London that is registered in the UK as a UK Establishment with Company No. FC031747 and UK Establishment No. BR016817.
A system of Global Legal Identifiers (LEI) is under introduction. EuroCCP LEI is 724500937F740MHCX307.
Brief description: EuroCCP delivers safety and savings to trading firms through its low-cost, low-risk pan-European clearing and settlement services.