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LSE connection helps EuroCCP profits surge

Strong trading activity and October 'milestone' for clearing trades on the UK exchange boost Dutch clearer

Diana Chan, chief executive of EuroCCP
Diana Chan, chief executive of EuroCCP
Diana Chan, chief executive of EuroCCP
Diana Chan, chief executive of EuroCCP

Europe's largest cash equities clearing house saw its profits jump by more than a quarter in 2015, a year in which it also hit a record for the most trades processed in a single day.

Amsterdam-based EuroCCP reported a 26% increase in its pre-tax profits from €5 million in 2014 to €6.3 million in 2015, according to its annual report published on May 4. Revenues grew 16% to €22.7 million.

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