KAS BANK has added the alternative trading platform Equiduct to its European network of direct exchange links. KAS BANK will provide clearing & settlement services to its clients in her capacity as General Clearing Member of LCH.Clearnet SA and LCH.Clearnet Ltd.
With the addition of Equiduct, KAS BANK is currently linked to 25 regulated and alternative markets across Europe. Equiduct Trading provides a MiFID compliant, integrated pan-European single point of connectivity for trading services in most liquid equity instruments listed on the European Economic Area Regulated Markets through the Regulated Market operated by Brse Berlin in Germany.
Equiducts market is divided into several geographical segments, each following the trading schedule and characteristics of their home market. For the settlement of transactions in securities listed on the NYSE Euronext markets and the London Stock Exchange (including SIX Swiss Exchange Swiss Blue Chip Segment) markets, LCH.Clearnet will provide its central counterparty services.
KAS BANK will provide clearing & settlement services to its clients for their transactions through Equiduct in her capacity as General Clearing Member of LCH.Clearnet SA (NYSE Euronext) and LCH.Clearnet Ltd (London Stock Exchange, including SIX Swiss Exchange Swiss Blue Chip Segment).
With the addition of Equiduct, KAS BANK is currently linked to seven MTFs. In total, 18 regulated exchanges and these seven MTFs are directly connected to the Single Platform of KAS BANK in Amsterdam. This platform processes client transactions in a uniform manner, with a single collateral and margin arrangement for all markets. In this manner, KAS BANK creates a single European market for its clients.
L.D.