Depositories

680 articles tagged with this keyword

/Depositories

Polish capital markets prepared for T+2

The Central Securities Depository of Poland (KDPW) changes the settlement cycle from T+3 to T+2 as of 6 October 2014. The shorter settlement cycle will have a positive impact on KDPW and KDPW_CCP participants as well as investors.

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Societe Generale Securities Services extends T2S direct connectivity commitment

Societe Generale Securities Services (SGSS), a leading custodian in the European market, has announced its intention to widen the scope of its implementation of direct connectivity to the Target-2 Securities (T2S) platform.

/Depositories

Nasdaq OMX to implement T+2 standard in Nordic and Baltic markets

NASDAQ OMX is going to implement two-day standard settlement (T+2) to securities admitted to trading on the NASDAQ OMX Copenhagen, Helsinki, Iceland, Stockholm, Tallinn, Riga and Vilnius exchanges and the respective First North markets.

/Depositories

DTCC and Euroclear form collateral processing joint venture

The Depository Trust & Clearing Corporation (DTCC) and Euroclear today announced the creation of a joint venture that will leverage both companies’ expertise, technology and franchises, focusing on collateral processing.

/Depositories

LSE's globeSettle slected by CME Clearing Europe as collateral location

London Stock Exchange Group’s new central securities depository (CSD), globeSettle, has been selected by CME Clearing Europe as an additional securities collateral location for their members.

/Depositories

Majority of AsiaPac firms not prepared for European move to T+2 - Omgeo

A comprehensive study published by Celent and commissioned by Omgeo, the global standard for post-trade efficiency, revealed that 58% of firms in Asia Pacific are not prepared for a shorter settlement cycle in Europe which will change from trade date plus three days (“T+3”) to trade date plus two days (“T+2”) in October.

/Depositories

The Bank of Russia Recognizes NSD and NCC as Systemically Important

The Central Bank of the Russian Federation has recognized National Settlement Depository (NSD), Russia’s central securities depository, and National Clearing Centre (NCC) as systemically important infrastructure for Russia’s financial market.

/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.

/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.

/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.

/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'.

/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.

/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.

/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.

/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.

/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.

/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).

/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.

/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.

/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.