European Multilateral Clearing Facility (EMCF) will start clearing equities on Nordic multilateral trading facility (MTF), Mondovisione reports. First North Stockholm, operated by NASDAQ OMX Stockholm, is EMCF’s ninth trading venue in Europe.

In 2011, EMCF’s clearing volumes on average reached four million trade sides on a European total of nearly 10 million trades per day. EMCF is Europe’s largest cash equities central counterparty.

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