LCH.Clearnet has been appointed as a second central counterparty (CCP) for BATS Europe, a European multilateral trading facility (MTF) owned by BATS Global Markets.
LCH.Clearnet will clear UK and Swiss securities traded on BATS Europe through its EquityClear service.
BATS Europe currently supports trading in approximately 800 securities from countries including the UK, France, Holland, Germany, Italy, Belgium, Switzerland, and Nordic countries.
In April, BATS Europe achieved one-day market share records for the FTSE 100 (3.90% on 28 April), CAC40 (4.16% on 16 April) and Amsterdam AEX (3.80% on 15 April).