European Association of CCP Clearing Houses (EACH)
EACH is the Brussels-based, Belgian non-profit trade association founded in 1992 that represents 19 European Central Counterparty Clearing Houses across 14 countries, coordinating regulatory advocacy, industry standards, and consultation responses on their behalf.
- Company typePrivate
- Founded1992
- HeadquartersBrussels, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingServices
What European Association of CCP Clearing Houses (EACH) does
EACH (European Association of CCP Clearing Houses) is a Belgian non-profit trade association (aisbl) founded in 1992 and headquartered in Brussels. It represents 19 Central Counterparty Clearing Houses across 14 European countries, whose member CCPs collectively manage over €560 billion in risk. CCPs are financial market infrastructures that intermediate and reduce counterparty risk in derivatives, securities, and commodities markets; EACH's role is to serve as the consolidated industry voice for these entities in regulatory and policy discussions.
EACH does not operate a commercial product or technology platform. Its core "service" is industry representation: producing position papers, responding to consultations from ESMA, CPMI-IOSCO, the European Commission, the Bank of England, and the ECB, and developing standards and guidelines for default management, recovery and resolution, and CCP supervision. It co-publishes joint industry papers with CCP12, FIA, FESE, and ISDA, and co-hosts convening events such as OPTIC 2026 with AFME. The organization also runs a Women in Clearing Network initiative launched in March 2023.
The business model is membership-dues funded. EACH generates no revenue from products or services — it is a cost-recovered association governed by a Board elected at Annual General Meetings, with a small secretariat of 13 staff. Its revenue is structurally tied to the size and number of dues-paying CCP members rather than to any commercial activity, making it a not-for-profit advocacy and coordination body rather than an operating business.
European Association of CCP Clearing Houses (EACH) firmographics
Firmographics- Name
- European Association of CCP Clearing Houses (EACH)
- Legal name
- EACH aisbl
- Website
- https://eachccp.eu
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EACH is the Brussels-based, Belgian non-profit trade association founded in 1992 that represents 19 European Central Counterparty Clearing Houses across 14 countries, coordinating regulatory advocacy, industry standards, and consultation responses on their behalf.
- Ownership category
- akta.pro rank
European Association of CCP Clearing Houses (EACH) industry classification
Industry- Product category
- Trade Association / Financial Market Infrastructure Advocacy
- NAICS
- Business Associations (813910), Other Similar Organizations (except Business, Professional, Labor, and Political Organizations) (81399)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Clearing Houses / Central Counterparties (CCPs) (FSACAHAC)
- akta.pro secondary industry
- Cross-Asset / Multi-Product CCPs (FSAFAFAG)
Keywords
Where European Association of CCP Clearing Houses (EACH) is headquartered
LocationHeadquarters
- HQ city
- Brussels
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
European Association of CCP Clearing Houses (EACH) business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others
Revenue model
- Member dues/subscriptions: EACH is funded through membership fees from its 19 CCP member organizations. The association does not generate revenue from products or services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
European Association of CCP Clearing Houses (EACH) product offering
Product offeringCore offering
EACH is a non-profit trade association that represents the collective interests of 19 European Central Counterparty Clearing Houses (CCPs) from 14 countries. It offers the consolidated opinion of its membership in regulatory discussions and consultations, and helps member CCPs agree on appropriate industry standards and guidelines covering EMIR, MISP, PFMI, recovery and resolution, and default management.
Product overview
EACH is a trade association representing European Central Counterparty Clearing Houses (CCPs). The organization does not offer a commercial product platform but instead provides industry representation services, regulatory advocacy, and coordination among its 19 member CCPs across 14 European countries. The association's primary activities include developing position papers, responding to regulatory consultations, and facilitating industry standards.
Differentiator
Problem solved
Functional benefit
Products and services
- EACH Industry Representation and Regulatory Advocacy Represents the collective interests of 19 European Central Counterparty Clearing House members in regulatory discussions; delivers consolidated opinions on EMIR, MISP, PFMI, recovery and resolution, and other clearing-related regulatory frameworks; and responds to consultations from ESMA, CPMI-IOSCO, the European Commission, the Bank of England, and the FCA. The service is available to member CCPs via the association's membership structure.
- EACH Industry Standards and Guidelines Develops and maintains industry standards and guidelines for European CCPs, including those related to default management coordination, recovery and resolution, and risk management. Made available to member CCPs and the wider clearing community through the EACH website.
- OPTIC Conference (with AFME) Two-day industry conference (Operations, Post-Trade, Technology & Innovation Conference) co-organised with AFME, scheduled for 19-20 October 2026 in London, featuring senior policymakers, regulators, and industry experts. Targeted at member CCPs, market infrastructure participants, and broader post-trade industry stakeholders.
Quantifiable outcome
- 19 CCP members from 14 European countries representing €560bn+ in risk managed
Companies that use European Association of CCP Clearing Houses (EACH)
Customer profileNamed customers18 records
Segments1 record
Ideal customer profiles1 record
European Association of CCP Clearing Houses (EACH) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
European Association of CCP Clearing Houses (EACH) partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- CCP12coreJoint responses on Framework for supervisory stress testing of central counterparties with CPMI-IOSCO. Also collaborated on joint association papers regarding CCP default management auctions including client participation and governance matters.
- AFME (Association for Financial Markets in Europe)coreEACH partners with AFME for OPTIC 2026 (Operations, Post-Trade, Technology & Innovation Conference) scheduled for 19-20 October 2026 in London. The two-day programme features keynote insights from senior policymakers, regulators, and industry experts.
- FIA (Futures Industry Association)coreJoint association papers on CCP default management auctions, including client participation and governance issues. FIA PTG collaboration on default management processes and default management groups.
- FESE (Federation of European Stock Exchanges)coreJoint statement with FESE and FIA on DORA definition of ICT Services (October 2024). Collaboration on Market Integration and Supervision Package (MISP) supervisory system.
- ISDA (International Swaps and Derivatives Association)coreJoint association papers on CCP default management auction governance, client participation, and default management processes. Work on synchronizing default management processes and identification of potential hedges between CCPs.
- ESMA (European Securities and Markets Authority)coreEACH works extensively with ESMA on CCP authorization, supervision, stress testing, and regulatory framework development including EMIR implementation.
- CPMI-IOSCO (Committee on Payments and Market Infrastructures - International Organization of Securities Commissions)coreEACH responds to CPMI-IOSCO consultations on PFMI implementation, margin requirements, public quantitative disclosure standards, and general business risk management guidance.
- European CommissioncoreEACH engages with the European Commission on EMIR review, capital markets union, competitive proposals, and regulatory framework development for CCPs.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
European Association of CCP Clearing Houses (EACH) competitors and assessment
Company assessmentDirect peers
- AFME (Association for Financial Markets in Europe): Pan-European trade association representing wholesale financial market participants. Comparable as a Brussels-based industry association and EACH's partner for OPTIC 2026; both advocate on European capital markets regulation.
- FIA (Futures Industry Association): Global trade association for derivatives markets including clearing. Comparable as EACH's partner on default management and DORA-related joint statements with FESE.
- ICMA (International Capital Market Association): European-headquartered trade association for capital markets participants. Comparable as a Brussels-area industry body coordinating with EU regulators on post-trade and market infrastructure matters.
- CCP12: Global trade association for Central Counterparties. Direct peer to EACH as both represent CCPs on regulatory and industry matters; EACH and CCP12 regularly co-issue papers on default management and stress testing.
- GFMA (Global Financial Markets Association): Global trade association for banking and securities industry associations including AFME, ASIFMA, and SIFMA. Comparable as a coordinating trade body for capital markets infrastructure advocacy.
- FESE (Federation of European Stock Exchanges): European trade association representing stock exchanges and CCP operators. Comparable as both organisations advocate on EU market infrastructure regulation and DORA; EACH and FESE jointly lobby around MISP.
- ISDA (International Swaps and Derivatives Association): Global trade association for OTC derivatives market participants. Comparable as a partner that co-publishes joint papers with EACH on CCP default management auctions and governance.
- EFAMA (European Fund and Asset Management Association): European trade association representing the investment management industry. Comparable as a Brussels-based association engaging EU institutions on capital markets regulation, with overlapping interest in clearing and settlement infrastructure.
Regional players
- SIFMA (Securities Industry and Financial Markets Association): US-based trade association for securities industry. Comparable as a regional peer representing financial market infrastructure participants, with limited direct overlap in Europe but parallel regulatory focus.
- ASIFMA (Asia Securities Industry and Financial Markets Association): Asia-based trade association for capital markets. Comparable by organisational model (regional industry association addressing regulators) but with limited European direct overlap.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
European Association of CCP Clearing Houses (EACH) social profiles
Digital presenceEuropean Association of CCP Clearing Houses (EACH) financial estimates
Financial estimateRevenue estimate
Valuation estimate
European Association of CCP Clearing Houses (EACH) leadership team
Management profileNumber of profiles
European Association of CCP Clearing Houses (EACH) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
European Association of CCP Clearing Houses (EACH) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about European Association of CCP Clearing Houses (EACH)
What does European Association of CCP Clearing Houses (EACH) do?
EACH is a non-profit trade association that represents the collective interests of 19 European Central Counterparty Clearing Houses (CCPs) from 14 countries. It offers the consolidated opinion of its membership in regulatory discussions and consultations, and helps member CCPs agree on appropriate industry standards and guidelines covering EMIR, MISP, PFMI, recovery and resolution, and default management.
Is European Association of CCP Clearing Houses (EACH) a public or private company?
European Association of CCP Clearing Houses (EACH) is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was European Association of CCP Clearing Houses (EACH) founded?
European Association of CCP Clearing Houses (EACH) was founded in 1992. It employs 11 to 50 people.
Where is European Association of CCP Clearing Houses (EACH) based?
European Association of CCP Clearing Houses (EACH) is headquartered in Brussels, Belgium, in the Europe region.
How does European Association of CCP Clearing Houses (EACH) make money?
One revenue line is on record: member dues/subscriptions.
Who are European Association of CCP Clearing Houses (EACH)'s main competitors?
Direct peers on record are AFME (Association for Financial Markets in Europe), FIA (Futures Industry Association), ICMA (International Capital Market Association), CCP12, GFMA (Global Financial Markets Association), FESE (Federation of European Stock Exchanges), ISDA (International Swaps and Derivatives Association) and EFAMA (European Fund and Asset Management Association). Regional players are SIFMA (Securities Industry and Financial Markets Association) and ASIFMA (Asia Securities Industry and Financial Markets Association).
Does European Association of CCP Clearing Houses (EACH) have an API?
No public API is recorded for European Association of CCP Clearing Houses (EACH).
What industry is European Association of CCP Clearing Houses (EACH) in?
European Association of CCP Clearing Houses (EACH)'s product category is Trade Association / Financial Market Infrastructure Advocacy. Its primary akta.pro industry code is FSACAHAC, Clearing Houses / Central Counterparties (CCPs), with a secondary code of FSAFAFAG, Cross-Asset / Multi-Product CCPs. Its NAICS code is 813910 and its SIC code is 8600.