Euroclear invests in Singapore-based digital market infrastructure Marketnode
Investment aligns with Euroclear’s digital ambitions – particularly in the funds space - and represents its first move under new Asia Pacific CEO.
Market Infrastructure
Euroclear appoints new CEO for French, Belgian and Dutch CSDs
New CEO most recently served as co-CEO of Euroclear’s global fund distribution platform, MFEX, which was acquired by the market infrastructure provider in 2021.
European collateral management system launch delayed again
Another delay for the unified system for managing assets used as collateral in Eurosystem credit operations which will now be pushed back to the first half of 2025.
Market Infrastructure
The year of execution: DTCC chief Frank La Salla talks T+1, Treasury Clearing and the transition to digital markets
It has been quite a year for DTCC fronting the grand scale industry switch to T+1 in the US, while also readying for the upcoming US Treasury clearing and preparing itself for a digital future. We spoke with DTCC’s chief executive, Frank La Salla – who has been at the helm for two years after a decorated tenure at BNY – about a year to remember for the market infrastructure giant.
U.S. Bank to offer CSD functions for securities issued in France on Euroclear
Enhancement adds local paying agency capabilities for European debt capital markets.
Euroclear processes first USD digitally native note on D-SI service
Listed on the Luxembourg Stock Exchange, the note raised $300 million to support Asian Infrastructure Investment Bank’s sustainable development bond programme.
Clearstream hits 100,000 D7 digital issuances as fresh upgrades boost capacity
Enhancements to post-trade platform, developed in partnership with Google, enable mass processing of up to 40,000 issuances per day.
Global IT outage has limited impact on custodians and CSDs
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.
Euroclear to make first €1.5 billion payment to Ukraine fund from frozen Russian assets
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.
Clearstream launches direct link to South Korea to bolster market access for foreign investors
New launch provides market access to settle and safekeep Korean government bonds through an omnibus account structure.