CCP Austria

Name

CCP Austria

Legal name

CCP Austria Abwicklungsstelle für Börsengeschäfte GmbH

Website

https://ccpa.at

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Central Counterparty Clearing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Cross-Asset / Multi-Product CCPs (FSAFAFAG)

akta.pro secondary industries

Securities CCPs (Equities & ETFs) (FSAFAFAC), Commodities / Energy Clearing CCPs (FSAFAFAF), CCP Settlement & Payment Infrastructure Services (FSAFAFAL), Clearing Houses / Central Counterparties (CCPs) (FSACAHAC)

Keywords

• Central counterparty clearing
• Securities clearing services
• Electricity spot clearing
• Post-trade settlement
• Clearing risk management

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Others

Revenue model

1. Clearing Fees - Securities Market: Fee-based clearing services charged to clearing members for processing securities transactions on Vienna Stock Exchange. Fees vary by instrument type and market segment.
2. Clearing Fees - Electricity Spot Market: Fee-based clearing services charged to clearing members for processing electricity exchange transactions on EXAA, including participation in European market coupling auctions.
3. Buy-in (Eindeckung) Processing Fees: Fees charged when CCPA conducts buy-in procedures for securities that fail to deliver. CCPA attempts to procure missing securities through direct contact with potential sellers and website tender before executing buy-in.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

CCP Austria (CCPA) operates as Austria's central counterparty (CCP) providing clearing and settlement, risk management, and related services for securities transactions on the Vienna Stock Exchange and electricity spot market transactions on the EXAA energy exchange. CCPA interposes itself as counterparty between buyers and sellers, eliminating settlement and default risk through real-time electronic clearing with netting, margin calculation, collateral management, and default procedures.

Product overview

CCPA (CCP Austria Abwicklungsstelle für Börsengeschäfte GmbH) operates as a central counterparty (CCP) providing two core clearing services: Securities Clearing and Electricity Spot Market Clearing. The Securities Clearing service handles approximately 12,000 CCP-eligible instruments (equities, bonds, warrants, certificates, funds) traded on the Vienna Stock Exchange, using the Clearing System BCS platform with SWIFT ISO 15022 and sFTP reporting. The Electricity Spot Market Clearing service handles all electricity exchange transactions at EXAA, utilizing a fully electronic clearing system with scheduling management across multiple TSO control zones. Both services are supported by a unified Risk Management framework encompassing credit assessment, margin calculation, collateral policy, default management, and default fund administration. CCPA's infrastructure integrates with TARGET2 (direct participant) and T2S (indirect participant) for payments and securities settlement, with OeNB as settlement bank and OeKB/OeKB CSD as collateral custodians. The clearing system offers flexible account structures, position management, and comprehensive reporting to clearing members.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Clearing CCPA acts as central counterparty for all securities transactions executed on the Vienna Stock Exchange, assuming settlement and default risk. Handles approximately 12,000 CCP-eligible instruments including equities, bonds, warrants, certificates, and funds across equity, bond, and structured products markets, plus 950+ international stocks from 19 home markets. Available to approximately 35 active clearing members in credit classes 1-8.
• Electricity Spot Market Clearing CCPA clears all electricity exchange transactions executed at EXAA (Abwicklungsstelle für Energieprodukte AG), assuming fulfillment and default risk. Products include quarter-hour, hourly, block, and location spread products traded in MWh, with physical delivery via balance groups across German, Austrian, and Dutch control zones. Supports two daily auctions including the European market coupling (PCR) auction at 12:00.
• Risk Management Services CCPA provides comprehensive risk management including credit assessment (credit classes with associated risk premiums), margin calculation (post-auction, based on payment obligations and volatility), collateral policy management (accepting EUR cash, bank guarantees, and eligible securities with haircuts), default management, and default fund administration for clearing participants in both securities and electricity spot markets.

Quantifiable outcome

• Clears approximately 12,000 CCP-eligible instruments across Vienna Stock Exchange
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core.

• CCP GlobalcoreStrategic or Co-development Partner · 1 January 2026CCPA joined CCP Global as an Observer Member in 2026. CCP Global is an international association of CCPs. Membership ensures continuous alignment of CCPA's processes and systems with current European and international regulatory developments.
• EXAA (Abwicklungsstelle für Energieprodukte AG)coreStrategic or Co-development Partner · 1 January 2021EXAA is the Austrian energy exchange operated on behalf of Wiener Börse AG as a general commodity exchange. CCPA was mandated by Wiener Börse AG in 2021 to handle clearing for electricity exchange trades executed at EXAA. CCPA also handles clearing/scheduling tasks per Article 68 CACM-VO delegated by EXAA as NEMO (Nominated Electricity Market Operator).
• Wiener Börse AGcoreStrategic or Co-development Partner · 2 August 2004Founding owner and primary exchange partner. Wiener Börse AG (50% owner) mandated CCPA as the clearing house for all CCP-eligible securities transactions. CCPA was founded on August 2, 2004 and took up operations on January 31, 2005. Wiener Börse AG operates CCPA as the designated settlement institution per § 9 Abs. 3 Börsegesetz 2018.
• Oesterreichische Kontrollbank AG (OeKB AG)coreStrategic or Co-development Partner · 2 August 2004Founding owner (50% stake). OeKB AG serves as the settlement bank for fee processing and as collateral custodian (cash collateral). It also operates OeKB CSD GmbH which serves as the Central Securities Depository for CCPA's securities clearing. Additionally provides clearing bank services and account management for clearing members.
• OeKB CSD GmbHcoreTechnology or IntegrationCentral Securities Depository (CSD) partner for CCPA. OeKB CSD GmbH, a subsidiary of OeKB AG, is responsible for the custody and administration of securities in CCPA's securities clearing. Also serves as custodian for securities collateral.
• Oesterreichische Nationalbank (OeNB)coreTechnology or IntegrationOeNB serves as the clearing bank for CCPA's securities market clearing operations. Some clearing members use their national central bank instead. Euro deposits for default fund and collateral are held at OeNB. Interest rate on deposits at OeNB is currently 0.00% p.a.
• Price Coupling of Regions (PCR)coreTechnology or IntegrationEuropean multi-region price coupling algorithm used for CCPA's second daily electricity auction (Market Coupling at 12:00). CCPA receives final prices from PCR for trade allocation and fulfillment. Part of the EU-wide day-ahead market coupling per CACM Regulation.
• EACH (European Association of Clearing Houses)coreStrategic or Co-development PartnerCCPA is a member of EACH (European Association of Clearing Houses) and participates in Legal, Policy, Risk, Energy, and Cyber Security working groups. EACH is the industry association for European CCPs under EMIR.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Eurex Clearing: Eurex Clearing (Deutsche Börse) is one of Europe's largest central counterparties, clearing securities, derivatives and commodities across multiple asset classes. Directly comparable as an EMIR-authorized CCP with multi-asset capabilities, though far larger and more diversified than CCPA.
• Nasdaq Clearing: Nasdaq Clearing is the EMIR-authorized CCP serving the Nordic exchanges, clearing equities, fixed income, derivatives and commodities. Comparable to CCPA's multi-asset model but with much greater cross-border scope.
• LCH (LSEG): LCH, part of London Stock Exchange Group, is a major global multi-asset CCP serving equities, fixed income, derivatives, commodities and FX. Comparable to CCPA as an EMIR-recognised clearing house, but operates at a much larger international scale.

Direct peers

• SIX x-clear: SIX x-clear (Swiss) is an EMIR-authorized CCP providing post-trade clearing services for Swiss and European securities. Comparable to CCPA's securities clearing function, though with broader cross-border reach.
• Euronext Clearing: Euronext Clearing (formerly CC&G, Italian-based) is the CCP for Euronext exchanges and a direct pan-European securities clearing peer. Highly comparable to CCPA in EMIR scope and securities clearing focus, and notably the parent provider of the BCS platform CCPA uses.
• European Commodity Clearing (ECC): ECC is the central counterparty for European energy exchanges (EEX, EPEX SPOT), directly comparable to CCPA's electricity spot market clearing business for EXAA.
• BME Clearing (Bolsas y Mercados Españoles): BME Clearing is the Spanish CCP for securities and derivatives cleared on BME exchanges, EMIR-authorized. Closely comparable to CCPA as a national exchange-affiliated CCP serving a single jurisdiction.
• EuroCCP: EuroCCP (Cboe) is a pan-European cash equities CCP. Comparable to CCPA's securities clearing business, with a more cross-border equity focus.

Regional players

• ATHEXClear (Athens Exchange): ATHEXClear is the CCP for the Athens Stock Exchange, EMIR-authorized. Comparable to CCPA as a national, exchange-owned clearing house serving a single domestic securities market.
• KDPW_CCP (KDPW Group): KDPW_CCP is the Polish central counterparty for the Warsaw Stock Exchange, EMIR-authorized. Directly comparable to CCPA as a single-jurisdiction, exchange-affiliated securities and derivatives CCP.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ccp-austria

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CCP Austria