LCH.Clearnet will begin clearing Irish Securities for BATS Europe on 22 January 2010, subject to regulatory approval.
LCH.Clearnet will be the sole clearing provider for all Irish-listed securities available for trading on BATS Europe.
BATS Europe, launched in October 2008, currently supports trading in approximately 1,200 securities from markets including the UK, France, Holland, Germany, Italy, Belgium, Switzerland, and Nordic countries. The MTF has over 8% market share in FTSE 100 securities, and over 4% market share across Europe.