The London Stock Exchange is to use Clearnet, the clearing house owned by Euronext, as the central counterparty for a new bespoke trading service in Dutch securities.

The new Dutch trading service - which the LSE is launching in response to discontent among Dutch brokerage firms with the quality of execution on the Amsterdam exchange - will see the LSE going head-to-head with Euronext for equities trading while using its post-trade clearing and settlement infrastructure.