EUROPE: EuroCCP and European Multilateral Clearing Facility (EMCF) choose Colt to connect their key offices

Thursday April 24 2014

Colt has connected the offices of clearing houses EuroCCP and European Multilateral Clearing Facility (EMCF) as they combine to form Europe’s largest pan-European clearing house EuroCCP NV. As a long term trusted provider of network services to EuroCCP, Colt was ideally positioned to connect these two renowned clearing houses to ensure business as usual when regulators gave the go ahead for this high profile transaction.

The Dutch clearing house EMCF and their British competitor EuroCCP announced their plans to combine in March 2013. Once the activity was approved by the Office of Fair Trading in October, they wanted to move quickly to connect the Amsterdam and London offices ahead of the transaction being completed in January 2014.

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