Post Trade Services

We deliver Europe’s most efficient post trade services. Post trade services are the engine room of the Group, ensuring that once a trade has been executed the security and cash change hands efficiently.

Cassa di Compensazione e Garanzia (CC&G) acts as a central counterparty eliminating counterparty risk on trades in Italian cash equities, derivatives and government bonds.

Monte Titoli, provides routing, netting and settlement services. In 2007 Express II, our settlement system offering straight through processing was recognized as the lowest cost provider in the eurozone in a benchmarking study by the European Central Bank.

Last year CC&G cleared 74 million contracts in cash equities and Express II handled €160 billion of contracts on a daily basis at a settlement rate of 99.7%, well above the benchmark set by the Bank for international settlement.