Depositories

375 articles tagged with this keyword

/Depositories

DTCC laments lack of coordination on OTC derivatives trade repositories

While significant progress has been made during the last eight years towards establishing a global reporting framework for over-the-counter derivatives transactions, substantial work remains in the areas of data consistency, aggregation and access in order to be able to effectively monitor and reduce systemic risk, according to the DTCC.

/Depositories

Deutsche Börse CollCo project green-lighted by Eurex

Deutsche Börses's Collateralised Coin Project for shifting collateral among banks using tokenised digital coins has been given the go-ahead for a full-scale pilot by Eurex Clearing.

/Depositories

DTCC CEO cautions on DLT hype

US Depository Trust and Clearing Corporation CEO Mike Bodson has poured cold water on some of the wilder hopes of distributed ledger technology cheerleaders, arguing that while DLT might represent the future, it is far from ready for primetime.

/Depositories

CSDs develop model for DLT-based proxy voting aligned with ISO 20022

A consortium of central securities depositories has built a model for an international e-proxy voting product based on distributed ledger technology and embedded with the relevant ISO 20022 standard.

/Depositories

Regulatory and technology challenges impede the rapid roll out of DLT says DB exec

Regulatory impediments and the current fragmentation of protocols from a multiplicty of providers of distributed ledger technology will prove to be a major challenge for banks to overcome before the technology can go mainstream in financial markets, says a senior Deutsche Börse executive.

/Depositories

US moves to T+2 settlement

In a move designed to boost efficiency and reduce risks, starting today, US stock and bond trades begin settling in two, rather than three, days.

/Depositories

Euronext acquires stake in LCH France

Euronext has agreed a deal to acquire an 11% stake in the French operations of LCH Group on the back of a ten-year derivatives processing arrangement.

/Depositories

DTCC to move more applications to the cloud as technology reaches tipping point

The US Depository Trust and Clearing Corporation is to extend its use of cloud computing after deciding that off-premise hosting has surpassed the achievements available via inhouse data centres.

/Depositories

CSDs aim to build distributed ledger for mobilising scarce collateral

A coalition of four central securities depositories is collaborating with Deutsche Börse on an initiative to use blockchain technology to ease cross-border mobilisation of security collateral.

/Depositories

DTCC to build post-trade distributed ledger framework for derivatives

New York's Depository Trust & Clearing Corporation (DTCC) has selected IBM, in partnership with Axoni and blockchain consortium R3, to overhaul its Trade Information Warehouse to handle post-trade processing of derivatives contracts over a distributed ledger framework.

/Depositories

Euronext enters exclusive talks over acquisition of LCH.Clearnet SA

Euronext has entered exclusive talks over the acquisition of the French operations of LCH.Clearnet pending the successful closing of the merger between the London Stock Exchange and Deutsche Bourse.

/Depositories

SIX and Clearstream team up as post-trade consolidation pressure grows

SIX Securities Services and Clearstream have struck a deal to provide shared services to local and European markets, as rising costs and pressure for diversification force consolidation in the European clearing and settlement industry.

/Depositories

It may take ten years, but blockchain tech will totally transform capital markets

European clearing and settlement agency Euroclear has called on financial market participants to collaborate and embrace the long-term potential of blockchain technologies for cutting IT costs and driving down post-trade and securities servicing fees.

/Depositories

DTCC calls for industry coordination on distributed ledger tech

The Depository Trust & Clearing Corporation (DTCC) has pitched itself as the coordinator of an industry-wide investigation into whether distributed ledger technology is the answer to "certain limitations" in the post-trade process.

/Depositories

Australian fixed income markets to shift to T+2 settlement

The $1 trillion Australian bond and fixed income markets are to move to a T+2 settlement timeframe from early next year, complementing a similar constriction in the post-trade lifecycle in cash equities mandated by the Australian Stock Exchange.

/Depositories

US agrees T+2 timetable

The US securities industry is finally to move to a two-day settlement cycle (T+2), but not until the end of Q3 2017, some three years after similar shifts in other global markets

/Depositories

Italy secures T2S deadline extension

Italy will no longer be one of the first set of countries to go live with Target2-Securities (T2S) later this month, securing a two month extension in the wake of "strong discomfort" among its banks.

/Depositories

Ripple Labs names former DTCC boss Donahue as an advisor

Digital currency firm Ripple Labs has enlisted former Depository Trust & Clearing Corporation (DTCC) CEO Donald Donahue as an advisor.

/Depositories

Swedish startup preps institutional digital currency marketplace and clearing house

A startup with $10 million in funding behind it has applied to Sweden's financial watchdog to become a regulated institutional foreign exchange and digital currency marketplace and clearing house.

/Depositories

Cinnober clinches EUR2.5 million EU funding for new clearing platform

Swedish capital markets technology vendor Cinnober has won EUR2.5 million in funding from the European Commission to develop a real-time risk margining, multi-asset clearing platform for the banking sector.