OK, THE EASY EXPLANATION FOR YOU:

It seems that according to this analyst, they created a clearing house to gamble with stocks. After the launch of this clearing house, stock markets and euro started going down. just watch the charts in the articles. it seems it is a very complex financial fraud.


[link to www.marketskeptics.com]



The European Central Counterparty (EuroCCP) has created a service offering central counterparty clearing of trades in US stocks and US exchange-traded funds (ETFs) to European trading firms.

EuroCCP's new service gives European trading firms an opportunity to trade US securities on a variety of pan-European platforms during European trading hours and to settle those trades in DTC. By offering a service where US securities settle directly at the US CSD, EuroCCP provides European trading firms with cost-effective post-trade solution.

Its clearing service for US issues allows EuroCCP to extend the efficiency, cost-saving and counterparty risk protection benefits it already provides to clients' European-listed securities transactions to US stock and US ETF transactions.

Initially, the US securities eligible for clearing through EuroCCP include approximately 100 stock issues and 50 ETFs. EuroCCP expects over time to expand the scope of eligible instruments to further equities, ETFs, and to ADRs.

EuroCCP's clearing service for eligible US issues is open to any trading venue cleared by EuroCCP that offers trading in the securities. Trading will be against US dollars. The new service increases the number of markets cleared by EuroCCP to 19.


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