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Spain throws down a vertical challenge

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<title>Spain throws down a vertical challenge</title>
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<namePart>Astbury, Katie</namePart>
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<abstract>The arrival of a new clearing house in Spain challenges the balance of power in Europe. Can it succed against competitors such as LCH. Clearnet that are pushing for a horizontal solution?</abstract>
<note type="statement of responsibility">Katie Asturby</note>
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<topic>Mercados financieros</topic>
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<text>October 2003 ; p. 78-80</text>
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