

European Central Counterparty Ltd. (EuroCCP) is a wholly owned subsidiary of The Depository Trust & Clearing Corporation. It was created to provide clearing and settlement services for Turquoise, a new pan-European trading platform being set up by seven major investment banks: Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, Merrill Lynch, Citi and UBS. Turquoise members participate in up to 50% of the trades on many of the leading European exchanges.
For more information on EuroCCP and Turquoise, please see our News Center or go to http://www.EuroCCP.co.uk