Deutsche Börse Group, operator of the Frankfurt stock exchange, has created a link between Clearstream, its settlement depository, and LCH.Clearnet, the clearing house, in a move to appease regulators and industry think-tanks critical of the company's anti-competitive approach to German clearing and settlement.

The link will provide an automated settlement route for over-the-counter German Government debt transactions. All settlement instructions generated by LCH.Clearnet will be forwarded to Clearstream Banking Frankfurt for settlement automatically.