Euroclear Bank selected for settlement of US stocks by EuroCCP

EuroCCP, the pan-European central counterparty (CCP) which clears over 4,000 securities, has chosen Euroclear Bank, the Brussels-based international central securities depository (ICSD), as sole settlement provider for all US-listed equities transactions struck on Turquoise, the pan-European trading venue. Under the service which was launched today, transactions in US stocks listed…