Euronext Clearing
{{short description|Financial market infrastructure}}
Euronext Clearing, known until 2023 as Cassa di Compensazione e Garanzia (CC&G), is the central counterparty clearing house (CCP) of the Euronext group of financial market infrastructures. CC&G was rebranded as Euronext Clearing in April 2023.{{cite web |website=Société Générale |date={{date|2023-4-24}} |url=https://www.securities-services.societegenerale.com/en/insights/views/news/euronext-clearing-euronext-central-counterparty/ |title=IT – Euronext Clearing, the Euronext's Central Counterparty}} Euronext Clearing is headquartered in Rome.
Overview
Cassa di Compensazione e Garanzia S.p.A. was established in March 1992.{{cite web |website=London Stock Exchange Group |url=https://www.fsb.org/uploads/Cassa-di-Compensazione-e-Garanzia.pdf |date=October 2016 |title=Cassa di Compensazione e Garanzia response to the Financial Stability Board: Discussion Note on "Essential Aspects of CCP Resolution Planning"}}
Euronext acquired CC&G together with the rest of the Borsa Italiana Group from London Stock Exchange Group in April 2021.{{cite web |website=Euronext |date={{date|2021-4-28}} |url=https://www.euronext.com/en/about/media/euronext-press-releases/acquisition-borsa-italiana-group-and-q1-2021-results |title=Euronext today completes the acquisition of the Borsa Italiana Group and publishes Q1 2021 results}} On {{date|2021-11-9}}, Euronext announced that it would expand CC&G into Euronext Clearing and made it the preferred CCP for all its markets in equities, listed derivatives and commodities.{{citation |publisher=Euronext Securities Milan |url=https://www.euronext.com/sites/default/files/notices/monte-titoli/2023_11_07_FAQ_ENG_enxt_clearing.pdf |date=September 2023 |title=Euronext Clearing Migration: Frequently Asked Questions for the settlement of securities}}{{rp|4}}