Euronext Clearing, known until 2023 as Cassa di Compensazione e Garanzia (CC&G), is the central counterparty clearing house (CCP) of the Euronext group of financial market infrastructures. CC&G was rebranded as Euronext Clearing in April 2023.1 Euronext Clearing is headquartered in Rome.
History
Cassa di Compensazione e Garanzia S.p.A. was established in March 1992.2
Euronext acquired CC&G together with the rest of the Borsa Italiana Group from London Stock Exchange Group in April 2021.3 On 9 November 2021, Euronext announced that it would expand CC&G into Euronext Clearing and made it the preferred CCP for all its markets in equities, listed derivatives and commodities.4: 4
References
References
- "IT – Euronext Clearing, the Euronext's Central Counterparty". Société Générale. 24 April 2023.
- "Cassa di Compensazione e Garanzia response to the Financial Stability Board: Discussion Note on "Essential Aspects of CCP Resolution Planning"" (PDF). London Stock Exchange Group. October 2016.
- "Euronext today completes the acquisition of the Borsa Italiana Group and publishes Q1 2021 results". Euronext. 28 April 2021.
- Euronext Clearing Migration: Frequently Asked Questions for the settlement of securities (PDF), Euronext Securities Milan, September 2023