Europe Clearing Houses And Settlements Market Size

Statistics for the 2023 & 2024 Europe Clearing Houses And Settlements market size, created by Mordor Intelligence™ Industry Reports. Europe Clearing Houses And Settlements size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Clearing Houses And Settlements Industry

Single User License
Team License
Corporate License
Book before:
Europe Clearing Houses And Settlements Market Summary
share button
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

Europe Clearing Houses And Settlements Market Major Players

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

OFF

Team License

OFF

Corporate License

OFF
Book before:

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).

The clearing houses and settlements market ensures the transaction goes smoothly, with the buyer receiving the tradable goods he intends to acquire and the seller receiving the right amount paid for the tradable goods he is selling. Most of the payment, clearing, and settlement infrastructures in Europe and the broader European Union were created to meet the needs of individual countries. They were rather diverse and not necessarily suited to the needs of an internal market, let alone the needs of a single currency area. In Europe, the Settlement Finality Directive harmonized the laws of the member states to ensure the operations of payment and settlement systems, also in case of bankruptcy of a participant, during daytime and night-time settlement. The main achievements of the Settlement Finality Directive in Europe are:

(i) the elimination of the main risks incurred in payment and settlement systems

(ii) the smooth functioning of a system even after the application of a foreign insolvency law

(iii) legal certainty for collateral enforcement (also to the benefit of ESCB credit operations).

Clearing houses played a significant role in providing stability for financial markets during COVID-19 in European countries. Clearing houses operate behind the scenes to process transactions, mitigate risk by monitoring exposures and requiring margins to protect against a firm default, and promote efficiency and liquidity during the COVID-19 pandemic.

Europe Clearing Houses and Settlements Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)