Broadridge and Fnality collaborate on real-time settlement for intraday repo transactions
The partnership is expected to enable real-time delivery versus payment settlement for intraday repo transactions.
Settlement
Settlement
Fireside Friday with… Clearstream’s Philip Brown
Philip Brown, CEO of Clearstream Banking, discusses the key changes to CSDR Article 5 mandating T+1 by 2027, the complexities of Europe’s multi-jurisdictional market, and the challenges of liquidity, settlement efficiency and collateral management in the transition.
BME implements new reform to bolster Spanish settlement system
The move, coordinated by Iberclear, aims to harmonise the Spanish market with European standards.
Euronext pushes for ‘improved competitiveness’ through consolidation of settlement on its markets
The exchange said the development comes as part of its goal to tackle post-trade fragmentation in Europe and open up new trading and investment opportunities.
Northern Trust collaborates with TCS to enhance settlement platform
Under the tie-up, Northern Trust will integrate the TCS BaNCS global securities platform to standardise settlement processes and enhance operational efficiency.
SIX introduces preferred clearing for Euronext markets
From March 2025, SIX x-clear’s preferred clearing services will be available for Euronext trades, with Euronext Italy joining by Q2 2025.
T2S outage resolved after incident reverberates through market on Thursday
Hardware component impacts communication channels, DvP cut-off and penalty mechanisms throughout Thursday causing disruption to Europe's settlement system.
AccessFintech’s Synergy integrates with S&P Global for post-trade settlement
The integration is designed to help reduce settlement failures, facilitate trade compression and improve penalty management.
T+1 will release £1 billion of margin in the UK, says BoE
Bank of England’s director for financial market infrastructure highlights the reduction of costs and risks in shortening the settlement cycle.
Euroclear and Euronext to integrate collateral management services
The initiative aims to enhance market efficiency by integrating Euronext Clearing into Euroclear’s post-trade infrastructure.