Europe Clearing Houses And Settlements Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.02 Quadrillion |
| Market Size (2029) | USD 2.19 Quadrillion |
| CAGR (2024 - 2029) | 1.59 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Clearing Houses And Settlements Market Analysis
The Europe Clearing Houses And Settlements Market size in terms of transaction value cleared is expected to grow from USD 2.02 quadrillion in 2024 to USD 2.19 quadrillion by 2029, at a CAGR of 1.59% during the forecast period (2024-2029).
This market's significance lies in its role in facilitating smooth transactions, ensuring both buyers and sellers receive their intended outcomes. Historically, Europe's payment, clearing, and settlement infrastructures were tailored to individual country needs, leading to a fragmented landscape. However, the Settlement Finality Directive has harmonized member states' laws, enhancing the efficiency and security of payment and settlement systems.
A significant driver driving the market growth is the rising need for borderless transaction processes that are both seamless and secure. As global trade and financial transactions continue to rise, there is a growing need for standardized and efficient clearing and settlement mechanisms.
Furthermore, advancements in technology present opportunities for innovation within the market. The adoption of blockchain technology, for example, could revolutionize clearing and settlement processes, offering increased transparency, security, and efficiency.
Additionally, the ongoing digitalization of financial services and the rise of fintech companies present opportunities for collaboration and partnership within the clearing and settlements market. By leveraging innovative technologies and strategic partnerships, market participants can enhance their offerings and better address the changing requirements of customers in an ever more interconnected global landscape.
Europe Clearing Houses And Settlements Market Trends
SEPA Schemes are Driving the Market
The Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union for the simplification of bank transfers denominated in euros. SEPA covers the whole of the European Union. Other countries and territories which are part of the geographical scope of the SEPA schemes are Andorra, Iceland, Norway, Switzerland, Liechtenstein, Monaco, San Marino, United Kingdom, Vatican City State, Mayotte, Saint-Pierre-et Miquelon, Guernsey, Jersey, and Isle of Man.
SEPA settlement and clearing system are managed by the European Commission and the European Central Bank (ECB) collaboratively through the European Payments Council. The European Central Bank chaired the council, which, together with representatives from government and consumer groups, works to govern the board and steer its agenda.
Germany is the Major Country in European Settlement and Clearing
Germany plays a major role in clearing houses and settlements in Europe. Frankfurt is home to several key institutions, including Clearstream Banking AG and Eurex Clearing AG, which are prominent in the European clearing and settlement landscape. These institutions provide critical services for the clearing and settlement of securities, derivatives, and other financial instruments traded in Europe and globally. Germany's strong financial sector and robust infrastructure contribute to its significance in this area.
Europe Clearing Houses And Settlements Industry Overview
The Europe clearing houses and settlements market is consolidated, with fewer players dominating the market. The market is expected to have new entrants during the forecast period, with a rise in technological innovations and newer services.
The major services dominating the market are TARGET2, SEPA, and EBICS. The major players in this market are Euroclear, Clearstream Banking, LCH.Clearnet, SIX x-clear, BME Clearing, and others.
Europe Clearing Houses And Settlements Market Leaders
Euroclear
Clearstream Banking
LCH.Clearnet
SIX x-clear
BME Clearing
*Disclaimer: Major Players sorted in no particular order
Europe Clearing Houses And Settlements Market News
- On June 2023, Cboe Clear Europe's plan to launch a central counterparty (CCP) clearing service for securities financing transactions (SFTs). Cboe Clear Europe is a wholly-owned subsidiary of derivatives and securities exchange network Cboe Clear Markets.
- In March 2023, Euroclear, a Brussels-based firm specializing in settling securities trades, announced its potential release of a new platform for trading securities using distributed ledger technology. Euroclear is currently developing and nearing completion of its inaugural minimum viable product (MVP) for a distributed ledger technology (DLT) platform. This platform is specifically tailored for the issuance and settlement of digital bonds.
Europe Clearing Houses And Settlements Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Regulatory Requirements
4.2.2 Technological Advancements
4.3 Market Restraints
4.3.1 Regulatory Compliance Costs
4.3.2 Operational Complexity
4.4 Market Opportunities
4.4.1 New Entrants can Focus on Niche Markets or Asset Classes that are Currently Underserved by Clearing Houses
4.4.2 The Growing Focus on Sustainable Finance presents Opportunities for New Entrants
4.5 Insights on Technological Innovations in the Market
4.6 Insights on Industry Policies and Government Regulations in the Market
4.7 Industry Attractiveness: Porter's Five Forces Analysis
4.7.1 Threat of New Entrants
4.7.2 Bargaining Power of Buyers
4.7.3 Bargaining Power of Suppliers
4.7.4 Threat of Substitutes
4.7.5 Intensity of Competitive Rivalry
4.8 Impact of the COVID-19 Pandemic on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Outward House Clearing
5.1.2 Inward House Clearing
5.2 By Type of System
5.2.1 TARGET2
5.2.2 SEPA
5.2.3 EBICS
5.2.4 Other Systems
5.3 By Country
5.3.1 United Kingdom
5.3.2 Germany
5.3.3 France
5.3.4 Spain
5.3.5 Italy
5.3.6 Nordics
5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Euroclear
6.2.2 Clearstream Banking
6.2.3 LCH.Clearnet
6.2.4 SIX x-clear
6.2.5 BME Clearing
6.2.6 National Settlements Depository (NSD)
6.2.7 Monte Titoli
6.2.8 Nasdaq CSD
6.2.9 Bitbond
6.2.10 Fnality
6.2.11 Clearmatics*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Europe Clearing Houses And Settlements Industry Segmentation
A clearing house acts as a mediator between any two entities or parties engaged in a financial transaction. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in small and big ways. The clearing and settlement process market report examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
The European clearing houses and settlements market is segmented by type, service, and country. By type, the market is sub-segmented into outward clearing housess and inward clearing houses. By service, the market is sub-segmented into target2, SEPA, EBICS, and other services, and by country, the market is sub-segmented into the United Kingdom, Germany, France, Spain, Italy, Nordics, and the rest of Europe. The report offers market size and forecasts for the European clearing houses and settlements market in value (USD) for all the above segments.
| By Type | |
| Outward House Clearing | |
| Inward House Clearing |
| By Type of System | |
| TARGET2 | |
| SEPA | |
| EBICS | |
| Other Systems |
| By Country | |
| United Kingdom | |
| Germany | |
| France | |
| Spain | |
| Italy | |
| Nordics | |
| Rest of Europe |
Europe Clearing Houses And Settlements Market Research Faqs
How big is the Europe Clearing Houses And Settlements Market?
The Europe Clearing Houses And Settlements Market size is expected to reach USD 2.02 quadrillion in 2024 and grow at a CAGR of 1.59% to reach USD 2.19 quadrillion by 2029.
What is the current Europe Clearing Houses And Settlements Market size?
In 2024, the Europe Clearing Houses And Settlements Market size is expected to reach USD 2.02 quadrillion.
Who are the key players in Europe Clearing Houses And Settlements Market?
Euroclear, Clearstream Banking, LCH.Clearnet, SIX x-clear and BME Clearing are the major companies operating in the Europe Clearing Houses And Settlements Market.
What years does this Europe Clearing Houses And Settlements Market cover, and what was the market size in 2023?
In 2023, the Europe Clearing Houses And Settlements Market size was estimated at USD 1.99 quadrillion. The report covers the Europe Clearing Houses And Settlements Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Clearing Houses And Settlements Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Clearing Houses And Settlements Industry Report
Statistics for the 2024 Europe Clearing Houses And Settlements market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Clearing Houses And Settlements analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
