Depositories

375 articles tagged with this keyword

/Depositories

T2S winning wider industry acceptance

The European Central Bank's (ECB) plan to create a single settlement process for all European securities, Target 2 Securities (T2S), appears to have gained more industry acceptance at last, although significant issues still remain about the eventual cost of the service and its governance.

/Depositories

ECB issues price plan and revised timetable for T2S

The European Central Bank has published its latest pricing proposal for the Target 2 Securities initiative, which sets a tariff for a delivery versus payment (DvP) instruction at 15 cents.

/Depositories

Betfair-backed retail trading platform LMAX launches

LMAX, a Betfair-backed online trading platform for retail contracts for difference (CFD) and foreign exchange investors, has launched.

/Depositories

Omgeo and EuroCCP equities matching and CCP service executes first trade

Omgeo and EuroCCP's pan-European equities central counterparty service for hedge fund transactions has executed its first live trade with Credit Suisse and Citadel.

/Depositories

LSE extends UnaVista to swaps market

The London Stock Exchange has extended its UnaVista service to the swaps market, automating the trading of CFDs and other equity derivatives and enabling users to communicate and match data through the platform.

/Depositories

CFTC calls for cap on stakes in clearing houses and exchanges

The US Commodity Futures Trading Commission (CFTC) is calling for caps on the ownership stakes members can hold in clearing houses, exchanges and trading systems.

/Depositories

Swift links securities matching system to multiple CCPs

Financial messaging outfit Swift is set to link its securities matching system to a range of central clearing counterparties, including EuroCCP, Six x-clear and LCH.Clearnet, enabling brokers to direct their matched off-exchange trades to a variety of providers.

/Depositories

LSE talking to banks about building clearing house

The London Stock Exchange is in talks with banks on both sides of the Atlantic about funding and building a clearing house, according to press reports.

/Depositories

Citi to pilot XBRL for corporate actions

Citi has signed up to pilot the use of XBRL for corporate actions in a bid to improve straight-through processing in the paper-prone events information market.

/Depositories

EC bids to tame 'wild west territory' of OTC derivatives and short selling

The European Commission is proposing new regulations aimed at improving transparency and safety in over-the-counter (OTC) derivatives markets and tougher controls on short selling and credit default swaps.

/Depositories

Risk control to the fore as European repo market recovery gathers pace

The European repo market has bounced back after the financial crisis and is now bigger than in 2007 while risk management is also to the fore with greater use of central clearing counterparties, according to an ICMA survey.

/Depositories

T2S costs creep up, but business case remains 'robust' says ECB

The European Central Bank has released preliminary figures outlining the fees that will be charged to market participants for using the forthcoming cross-border Target 2 Securities settlement system.

/Depositories

Securities depositories to raise public policy profile

As back office clearing and settlement issues rise up the regulatory agenda, the European Central Securities Depository Association (Ecsda) has moved to appoint its first secretary general and open a permanent office in Brussels, adjacent to the European Commission.

/Depositories

LCH.Clearnet slashes fees as post-trade competition heats up

LCH.Clearnet has moved to slash its fees and eliminate charges for high volume equity traders as it responds to the twin threats of growing competition and customer defections.

/Depositories

Inter-dealer brokers warn of 'monopolistic' risks in new swap clearing rules

US inter-dealer brokers have called on regulators to ensure fair access to newly-created Swap Execution Facilities as the Securities and Exchange Commission and Commodity Futures Trading Commission meet to discuss governance and conflicts of interest in the clearing and listing of swaps.

/Depositories

BME/Clearstream OTC repository enters pilot phase with BBVA and Banco Sabadell

Spanish bourse Bolsas y Mercados Españoles (BME) and Clearstream have begun testing their planned European OTC trade repository with the support of local banks BBVA and Banco Sabadell.

/Depositories

Xtrakter plans European trade repository

Just days after US-based Depository Trust & Clearing Corporation outlined plans to launch a European trade repository, Euroclear-owned Xtrakter says it might develop its own.

/Depositories

DTCC buys reference data firm Avox; plans European trade reporting repository

The Depository Trust & Clearing Corporation (DTCC) has acquired Avox, a UK-based reference data firm majority-owned by Deutsche Börse in a cash deal valuing the business at a "low double digit million GBP figure".

/Depositories

LSE strengthens grip on Italian post-trade assets

The London Stock Exchange has announced the appointment of post-trade business veterans Kevin Milne and Giulio Di Cerbo to the boards of Italian settlement system Monte Titoli and clearing counterparty Casa di Compenzione & Garanzia.

/Depositories

Nasdaq OMX to build Nordic clearing house for interest rate swaps

Nasdaq OMX has initiated a pilot project with SEB and the Swedish National Debt office to offer central counterparty clearing of interest rate swaps as a prelude to the creation of a full scale clearinghouse for IRS in Swedish kronor.