European Multilateral Clearing Facility N.V.

The European Multilateral Clearing Facility ( EMCF ) is one of the largest European Central Counterparties ( CCP) for clearing for Multilateral trading facilities ( MTF) and is a joint venture between Fortis Bank ( 78%) and the NASDAQ OMX Group (22 %).

Background

Since its launch on 29 March 2007 EMCF überdimmt the clearing for the MTF Chi -X Europe. As of September 28, 2008 also provide clearing services for Nasdaq OMX Europe was taken over and BATS Trading Europe is handled since 31 October 2008 on EMCF.

In July 2009, the London Stock Exchange intentions known, also to acquire a stake in EMCF. Due to differing price expectations that these discussions were, however, stopped again in June 2010.