Market Infrastructure

Securities services industry appears unscathed in the wake of major disruption to IT systems around the world, as largest players inform Global Custodian of the impact on their business.  

ICSD also announces a redesign of the structure and composition of its top management team, which includes a string of appointments to the executive committee.  

New launch provides market access to settle and safekeep Korean government bonds through an omnibus account structure.

This milestone makes Korean government debt Euroclearable, enabling KTBs and MSBs to be settled via the Euroclearable link, which allows international investors efficient post-trade access to the market. 

New trading platform in the art investment space, ARTEX, has collaborated with Euroclear to make art public via equity shares.

In addition to introducing e-GNs as a new type of Eurobonds, both Clearstream and Euroclear now support the use of electronic signatures for all issuance documentation related to Eurobonds. 

Increase in affirmation rates despite double-settlement day which included T+2 trades from prior to 28 May. 

‘Teething issues’ as anticipated on first day of T+1 implementation in the US while affirmation rates top the DTCC’s target on day one.

The new direct link will be for the purpose of settling and safekeeping Korean government bonds. 

Profits arising from interest on frozen Russian assets at Euroclear will be distributed towards funding weapons and recovery for Ukraine, ending a two-year impasse on how the funds would be used.