... from the different stakeholders. Furthermore,there are many kinds of clearing link initiative, and not all of them can serveto increase the efficiency of European clearing. Therefore, the parameters ... partnering clearing houses fall short420 Clearing Services for Global Markets concentration patterns, it makes strategic sense for managers to focus on theseparticular lanes. Lane concentration can ... disintermediating their away markets GCM(s)in the case of a Single CCP.Based on the findings of Chapters 7, 8 and 9 on the efficiency impact of various network strategies w ithin the European clearing industry, ...