European Association of Central Counterparty Clearing Houses

The European Association of Central Counterparty Clearing Houses (EACH) was formed by European central counterparty clearing houses in 1991. 
The association's participants are senior executives that specialize in clearing and risk management from European CCPs, both EU an non-EU. EACH has an interest in ensuring that discussions on clearing and settlement are fully informed by the expertise and opinions of those responsible for providing central counterparty clearing services.
 
== History ==
=== Lobbying Activities ===
EACH is registered in the European Union Transparency Register and actively engages in lobbying activities. For the financial year January 2022 to December 2022, EACH reported lobbying costs between 600,000€ and 699,999€. The association employs four full-time equivalent lobbyists.
=== Governance and Structure ===
EACH is headquartered in Brussels, Belgium. The association maintains regular contact with European Union institutions, participating in high-level meetings with European Commission representatives to discuss matters related to CCPs and financial market infrastructure.
=== Importance in the Financial Ecosystem ===
Central Counterparties play a crucial role in financial markets by acting as intermediaries between buyers and sellers in various financial transactions. They help reduce counterparty risk and contribute to the stability and efficiency of financial markets. As the representative body for European CCPs, EACH plays a significant role in shaping policies and regulations that affect the centrally cleared markets in Europe.
== Products and Services ==
== Membership ==
File:Athex.jpg|Athex Clear S.A.
File:BMEClearing.jpg|BME Clearing S.A.
File:Cboe Clear.png|Cboe Clear Europe N.V.
File:Ccpa Austria.png|CCP Austria
File:Ecc lEuropean Commodity Clearing AG.png|ECC (European Commodity Clearing AG)
File:Eurex Clearing-EACh.jpg|Eurex Clearing
File:Euronext-Clearing logo 22.png|Euronext Clearing
File:Ice logo 22.png|ICE Clear Europe
File:Irgit logo.jpg|IRGiT
File:KDPW-CCP.jpg|KDPW_CCP S.A.
File:Keler CCp.jpg|KELER CCP
File:LCH Ltd..png|LCH Ltd.
File:LCH SA2.png|LCH S.A.
File:LME Clear.jpg|LME Clear
File:Nasdaq Clearing.jpg|Nasdaq Clearing
File:OMNI Clear.jpg|OMIClear
File:Six xclear AG.png|SIX x-clear AG
File:TAKAS Istanbul.png|Takasbank
== Key People ==
===Co-Chairs ===
File:Niels-Brab-Foto-252x300.jpg|Niels Brab, Eurex Clearing
File:Tim-Grange.jpg|Tim Grange, ICE Clear Europe
File:Julien-Jardelot-picture-300x300.jpg|Julien Jardelot, LCH
===Members===
File:Picture-Xavier-Aguilá-2-238x300.jpg|Xavier Aguila, BME Clearing
File:L.Bayley Photo-300.jpg|Laura Bayley, SIX x-clear
File:Ludovic-Aigrot-180x180.jpg|Ludovic Aigrot
File:Ms-Paola-Fico-1.jpg|Paola Fico, Euronext Clearing
File:Picture-Arnoud-Siegmann-300x300.jpg|Arnoud Siegmann, EuroCCP
File:Marcin Truchanowicz - KDPW.jpg|Marcin Truchanowicz, KDPW CCP
===Secretariat===
File:Rafael-Plata-768x512.jpg|Rafael Plata, Secretary General
File:Carole-Kahindi-768x512.jpg|Carole Kahindi, Operations, Finance and HR Manager
File:Elena-Tonetto-1-600x400.jpg|Elena Tonetto, Senior Policy Adviser
File:Max-EACH-Photo-2.jpg|Max Chan, Risk Policy Advisor
== News ==
The European Code of Conduct for Clearing and Settlement was signed on Nov. 7, 2006. It contains three main deliverables: price transparency by the end of December 2006, the delivery of access and interoperability guidelines by end June 2007 and unbundling and accounting segregation of some services for delivery by the end of 2007.
== References ==
Category:Industry Associations