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Industry urges EU exchanges to solve equity post-trade frictions

Deutsche Bank, Goldman Sachs and JP Morgan join calls for mandatory cash CCP interoperability

Interacting cogs with a euro currency symbol

Banks have called on legislators to mandate full interoperability across all European cash equities clearing houses, as part of the European Union’s Market Integration and Supervision Package (Misp).

In the context of the Misp proposals, central counterparty (CCP) interoperability means the ability of different clearing houses to connect and allow market participants to clear trades executed on any

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