Would Transatlantic Clearinghouse Bring New Efficiencies?

Kentouris, Chris
May 2008
Securities Industry News;5/5/2008, Vol. 20 Issue 18, p1
Trade Publication
This article explains that the speculation about a possible merger of LCH.Clearnet and the Depository Trust & Clearing Corp. (DTCC), which would create a trans-Atlantic clearinghouse, has triggered debate about whether consolidation or inter-operability is the best means for improving operational efficiency and reducing processing costs for securities transactions in Europe. Amidst this speculation, DTCC officials in New York declined to comment on the issue of possible merge with LCH.Clearnet. However, LCH.Clearnet did rule out such possibility.


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