Cassa di Compensazione & Garanzia

recognised as clearing house for Uk market

Jul 29 2009 - 18:43

Cassa di Compensazione & Garanzia the division of London Stock Exchange Group that operates Central Counterparty (CCP) services for the Italian equities, equity derivatives, energy derivatives and Government bond markets, has been granted Recognised Clearing House status by the UK’s Financial Service Authority (FSA).

Massimo Capuano, Borsa Italiana CEO and London Stock Exchange Group Deputy CEO commented:

“FSA authorisation represents an important step for Cassa di Compensazione & Garanzia towards the internationalisation of Italian post trading systems, which are recognised as one of the most efficient in the market. Our aim in the coming months will be to strengthen Cassa di Compensazione & Garanzia’s international reach”.


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