New DLT-based CSD goes live in France with custodian backing
The aim for the new CSD is to provide a harmonised platform for the issuance, trading, settlement and custody for commercial paper.
The aim for the new CSD is to provide a harmonised platform for the issuance, trading, settlement and custody for commercial paper.
Euroclear has named the chief compliance officer of its joint venture with DTCC as interim CEO.
Argentina's Caja de Valores is the second Latin America-based CSD to use Nasdaq for their post-trade technology overhaul.
Sub-custodians are now forced to adapt their businesses to accommodate the competition posed by Investor CSD models.
The connectivity is the latest effort by RBI as it looks to establish itself as a gateway to Eastern European market infrastructures.
This rules will require firms that are taking on settlement themselves, and not through a CSD or sub-custodian, to report data on a quarterly basis.
New CSD promising real-time settlement is planning to begin operations from the summer of this year.
Long-serving innovation head at Euroclear leaves after 15 years at the Belgium-based central securities depositary.
Following deal with Hong Kong Exchange, Euroclear expects more exchanges in Asia, the Americas, and the Middle-East to join its ICSD settlement structure for ETFs.