The migration of the participants in Brussels to C21® is the next step of the move to a single clearing platform for all Clearnet members, and follows its implementation in Paris in September 2000 for its derivative market and in January 2001 for its cash market. C21® will be used by all Euronext cash and derivative markets in Amsterdam, Brussels, Lisbon and Paris.
Clearing21® is an advanced clearing system providing a standard for the CCP (Central CounterPart) industry. It is the only fully operational system able to clear trades in both equities and derivatives in real time while using a single tool and enabling multilateral netting of positions.
Clearnet is the clearing house and central counterparty for equity and derivative markets of Euronext Amsterdam, Brussels, Lisbon and Paris.