Clearstream, an international bond clearing house, has stolen the limelight from the exchanges. This month it is expected to decide whether to merge with Euroclear or submit to a takeover by Deutsche Börse.
A merger between Clearstream and Euroclear could act as a catalyst for the centralization of clearing networks across Europe, which would be a huge cost saving for banks that should be passed on to their clients. The consolidation of Euroclear and Clearstream would leave the way open for further consolidation among the exchanges.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
