Clearing houses in Europe are changing their business due to regulation. The competiton in the stock exchanges industry is also contributing to this change. The paper studies in particular the issue of interoperability among European clearing houses.
Clearing Houses in Europe: a financial market infrastructure in evolution.
CHESINI, Giuseppina
2010-01-01
Abstract
Clearing houses in Europe are changing their business due to regulation. The competiton in the stock exchanges industry is also contributing to this change. The paper studies in particular the issue of interoperability among European clearing houses.
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