Morgan Stanley, Credit Suisse, Bank of America Merrill Lynch and Nomura said they wanted this for clearing trades executed on platform BATS Europe, while Citigroup noted it will use it when trading shares on UBS MTF.
Diana Chan, chief executive of EuroCCP, said: "This is huge progress towards achieving true competition in clearing and great news for our clients."
The action should come as a warning to rivals of EuroCCP - such as EMCF, SIX X-Clear and LCH Clearnet - and is likely to bring competition to Europe's current clearing market.
These organisations are now competing for business following recent technical changes at BATS and UBS MTF.
EuroCCP - which is headquartered in London - was established in 2007 and clears equities from 17 European markets and the US, while acting as a UK Financial Services Authority Recognised Clearing House.
By Claire Archer