Latest Depositories News: Finextra Research

Reserve Bank of New Zealand goes to tender for new payments and settlement systems

The Reserve Bank of New Zealand is seeking Registrations of Interest (ROI) from potential vendors for the procurement of a real-time gross settlement system and a security settlement system with a depository.

13 January 2015

News/Depositories

DTCC to oversee US market shift to T+2

Within a week of European markets moving to a T+2 settlement cycle, the DTCC in the US has formed a steering committee and working group to oversee a similar shift for trades in equities, corporate and municipal bonds, and unit investment trusts (UITs).

16 October 2014

News/Depositories

CLS wins legal battle in settlement 'patent' dispute

The US Supreme Court has found in favour of CLS Bank in a long-running patent dispute with Alice Corporation over the abstract notion of intermediated settlement.

19 June 2014

News/Depositories

DTCC throws weight behind US move to T+2

The Depository Trust and Clearing Corporation (DTCC) is stepping up its efforts to shift the US capital markets industry to a T+2 settlement life-cycle.

23 April 2014

News/Depositories

Sifma calls for US market move to T+2

Sifma is calling for the US capital markets industry to move to a T+2 settlement lifecylce, as other markets worldwide bid to bridge the gap between trade execution and delivery of financial contracts.

17 April 2014

News/Depositories

MEPs vote to curb high-frequency trading

Members of the European Parliament have voted through new rules designed to clamp down on high-frequency trading 'Flash Boys'.

16 April 2014

News/Depositories

DTCC warns demand for collateral set to overwhelm system infrastructures

With regulatory changes sparking a surge in demand for collateral, current operational processes and system infrastructures looks set to be overwhelmed, the Depository Trust & Clearing Corporation (DTCC) has warned.

22 January 2014

News/Depositories

Europe reaches agreement on MiFID reforms

A comprehensive rewrite of rules governing trading in financial markets has been agreed by the European Parliament and the bloc's Council of Ministers.

15 January 2014

News/Depositories

European Union reaches agreement on settlement reforms

The European Parliament has hammered out an agreement on safeguards aimed at protecting the financial system from failures at central securities depositories.

19 December 2013

News/Depositories

SIA and Colt win Monte Titoli network tender for T2S

SIA, in partnership with Colt, has won the tender to connect Italian depository Monte Titoli to Target2-Securities (T2S), the new centralised European platform for the settlement of domestic and cross-border securities transactions.

12 December 2013

News/Depositories

UK and Ireland to move to T+2 settlement

The UK and Irish capital markets are to move to a shortened T+2 securities settlement timeframe with effect from October 2014.

02 December 2013

News/Depositories

Esma fires starting gun on new trade reporting rules

The European Securities and Markets Authority (ESMA) has fired the starting gun on new derivatives trade reporting rules by approving the first four trade repositories (TRs) under the European Market Infrastructure Regulation (Emir).

08 November 2013

News/Depositories

MillenniumIT signs Singapore Stock Exchange as first post-trade technology customer

The Singapore Stock Exchange is to be the first customer for Millennium PostTrade, a new multi-asset clearing, settlement, risk and CSD technology platform from the London Stock Exchange's technology arm.

07 November 2013

News/Depositories

DTCC opens Singapore trade repository

The Depository Trust & Clearing Corporation (DTCC) has received approval from the Monetary Authority of Singapore (MAS) to operate a global trade repository (GTR) for OTC reporting and has begun processing its first trades.

06 November 2013

News/Depositories

Deutsche Börse CTO and Clearstream CIO Baguet quits

Yves Baguet is quitting his roles as Deutsche Börse chief technology officer and Clearstream CIO, and will be replaced by company man Richard Green.

11 October 2013

News/Depositories

SIX Securities Services chooses Swift for T2S connectivity

SIX Securities Services, the CSD group for Switzerland, has signed up to Swift's Value Added Network (VAN) to connect to Target2Securities.

16 September 2013

News/Depositories

LSE wins tech deal with Argentinian CSD

The London Stock Exchange will provide technology and business development help to Argentinian CSD Caja de Valores (CVSA) under a deal designed to boost the South American country's capital markets.

31 July 2013

News/Depositories

Euroclear CSDs to move to T+2 in 2014

Euroclear central securities depositories in Belgium, France and the Netherlands are to move to a T+2 settlement timeframe in October 2014, earlier than anticipated.

24 July 2013

News/Depositories

London Stock Exchange to open central securities depository

The London Stock Exchange is to open a central securities depository (CSD) in Luxembourg to provide a full range of custody and settlement services across the eurozone.

16 July 2013

News/Depositories

SIA and Colt score Target2 and T2S network contract

Telecoms firm Colt and payment processor SIA have won a deal to build the network infrastructure connecting the German, Italian, French and Spanish central banks for Target2 and Target2-Securities (T2S).

05 July 2013