Tag: clearing

Pressures from COVID-19, regulations and changing geopolitical market trends, as well as low volumes, have forced Eurex to prioritise other activities.

The move could provide significant savings for banks that have faced increased regulatory costs to trade in the balance sheet-intensive repo market.

Set to launch in Q3 2021, the DTCC SFT clearing service would offer both direct access and a sponsored membership model to buy-side firms.

The partnership bolsters SGSS’ post-trade coverage for mid-tier broker-dealers in Europe.

BNY Mellon has centralised the leadership for the custodian’s capital markets businesses which include Pershing, Clearance and Collateral Management, and Markets.

A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.

The French custodian is working towards becoming a general clearing participant of the exchange, which is expected to be completed within the first half of 2021. 

Deal with the international central securities depository will open up the Turkish government bond market to international investors.

The project aims to analyse current post-trade mechanisms in EMDCs and come up with a set of best practices for local market regulators. 

Citi has made a number of recent moves to expand its sub-custody network over the past year with new businesses in Finland, Norway and Saudi Arabia.