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Cash Equities Clearing in Europe: Building a More Competitive and Integrated Market

07 October 2025

Europe’s cash equities clearing market remains fragmented and constrained by high settlement fees and limited interoperability - challenges that continue to hold back efficiency and integration.

 

AFME and Davies’ new report, Cash Equities Clearing in Europe: Building a More Competitive and Integrated Market, outlines the current state of the European cash equities clearing landscape and recommends reforms to strengthen market resilience, competitiveness, and integration

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AFME Equities Clearing PaperDownload pdf
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