Depositories

375 articles tagged with this keyword

/Depositories

Up to one in ten trades still fail to settle on time

With market regulators pushing for a shortening of settlement cycles, new research from trade matching utility Omgeo indicates that trade failure rates may be as high as 10% in the equity market and seven per cent in fixed income markets.

/Depositories

ECB signs nine depositories to T2S project

Nine central securities depositories have signed up to participate in the European Central Bank's controversial Target 2 Securities (T2S) platform, which is intended to streamline securities settlement across the Eurozone.

/Depositories

LCH.Clearnet in discussions to acquire IDCG from Nasdaq OMX

European clearing house LCH.Clearnet has confirmed that it is in discussions to acquire International Derivatives Clearing Group (IDCG) from Nasdaq OMX as it bids to grow its interest rate swaps business in the US.

/Depositories

Regulators release new market infrastructure standards

International banking and securities regulators have set out new and more demanding standards for operators of payments, clearing and settlement systems as part of an international effort to boost the resiliency of the financial markets.

/Depositories

EU Parliament votes through OTC rules

European lawmakers have approved tough new rules governing trading in the over-the-counter derivatives market.

/Depositories

Nyse to invest $85 million in new European derivatives clearing house

Nyse Euronext is to spend $85 million on developing a new clearing house for its derivatives business in Europe, terminating an existing relationship with LCH.Clearnet.

/Depositories

Nasdaq OMX suspends plans for competitive clearing

Nasdaq OMX has postponed plans to introduce interoperable clearing in the Nordic cash equity markets in April, citing regulatory uncertainties.

/Depositories

Commission proposes EU-wide settlement overhaul

The European Commission is promising to shake up cross-border securities settlement in the EU by cutting settlement timeframes and establishing a common regulatory framework for the region's 30+ central securities depositories.

/Depositories

Clearstream and Strate plan South African collateral management co-operation

Clearstream has signed a letter of intent with Strate, the South African central securities depository that could see domestic collateral management services outsourced to the Deutsche Bourse unit.

/Depositories

Regulators demand action on Legal Entity Identifiers

International regulatory authorities have called for the urgent creation of a universal Legal Entity Identifier (LEI) in their final report on the OTC derivatives data that should be collected, stored and disseminated by trade repositories (TRs).

/Depositories

FSB establishes LEI and CCP working groups

The BIS-backed Financial Stability Board has set up a working group to deliver concrete recommendations on governance issues relating to the management of new Legal Entity Identifiers (LEI) in the global securities markets.

/Depositories

Swift, SIA and Colt win T2S connectivity licenses

Europe's central banks have awarded the two Target2Securities (T2S) connectivity licenses to Swift and a consortium made up of SIA and Colt.

/Depositories

Bats Chi-X Europe rolls out four-way clearing interoperability

Bats Chi-X Europe has become the first trading platform operator to offer its customers the choice of four different clearing providers.

/Depositories

Markit and Euroclear team on European loan market services

Markit and Euroclear Bank have inked a memorandum of understanding that will see them build an end-to-end post-trade platform for syndicated loans.

/Depositories

Deutsche Börse and Nyse Euronext offer more concessions to regulators

Deutsche Börse and Nyse Euronext have offered the European Commission more concessions in a bid to allay antitrust concerns and secure approval for their $9 billion merger deal.

/Depositories

Swiss clearer targets Asia as European interoperability deals boost volumes

SIX Securities Services is to push for clearing interoperability in Asia after doubling its market share of clearing London Stock Exchange trades following the introduction of similar measures in Europe.

/Depositories

T2S enters make-or-break phase as ECB doles out incentives for participation

The European Central Bank is to offer 'early bird' incentives to central securities depositories that sign up to the Target 2 Securities (T2S) platform, as the controversial project to streamline the Euro area's securities settlements systems reaches a critical make-or-break stage in its development.

/Depositories

BM&FBovespa taps Cinnober for clearing overhaul

Brazilian exchange operator BM&FBovespa has licensed technology from Swedish vendor Cinnober for a major revamp of its clearing operations.

/Depositories

LME appoints Spanner MD, post-trade services

The London Metal Exchange has appointed former EuroCCP COO Trevor Spanner managing director of post-trade services.

/Depositories

BofE's Tucker calls for CCP reform

Paul Tucker, deputy governor of the Bank of England, says effective resolution regimes need to be put in place to help deal with the "mayhem" that would result if a central counterparty went bust.