Euroclear consolidates settlement platforms

Euroclear has launched its ESES platform in France, in its drive to consolidate the processing platforms of France, Belgium and the Netherlands,.

ESES (Euroclear Settlement for Euronext-zone Securities) will process transactions according to EU-wide rules and practises. The service will also support NYSE Euronext's Single Order Book for transactions from the Amsterdam, Brussels and Paris bourses.

Euroclear will charge what it calls a harmonised tariff for the processing of all settlement, custody

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