Latest Post-trade & ops News: Finextra Research

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.

24 April 2012

News/Post-trade & ops

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.

26 March 2012

News/Post-trade & ops

Icap's fintech incubation vehicle invests in Model Two Zero

Euclid Opportunities, the vehicle set up by interdealer broker Icap last year to provide seed funding to new fintech companies, has invested in London-based post-trade software firm Model Two Zero.

18 January 2012

News/Post-trade & ops

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).

17 January 2012

News/Post-trade & ops

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.

11 January 2012

News/Post-trade & ops

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.

09 January 2012

News/Post-trade & ops

Dion buys controlling stake in Swissrisk

Dion Global Solutions has acquired a controlling stake in Frankfurt-based Swissrisk Financial Systems. Terms of the deal were not disclosed.

04 January 2012

News/Post-trade & ops

Finextra signs off for Christmas and New Year break

The Finextra office will be closed after Wednesday 21 December, re-opening Tuesday 3 January.

21 December 2011

News/Post-trade & ops

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.

29 November 2011

News/Post-trade & ops

Horlick and Winterflood join Post-Trade Forum debate

Nicola 'Superwoman' Horlick and Brian Winterflood will lead a high-powered panel of City executives debating the future of European securities markets at Finextra's final Post-Trade Forum event of the year, which takes place at the London Stock Exchange later this month.

11 November 2011

News/Post-trade & ops

MiFID reforms published; compliance bill to hit EUR732m in year one and EUR586m per annum thereafter

Financial markets in Europe are set to undergo a fundamental overhaul, as the European Commission rolls out new rules and regulations covering every aspect of the trade lifecycle, from pre-and post-trade transparency, through to execution and clearing and settlement.

20 October 2011

News/Post-trade & ops

EU financial markets get ready for MiFID II

The European Commission is this week meeting to finalise the details of a new set of rules governing competition and transparency in the capital markets, with implications for high frequency traders, execution venues, clearing firms, and the over-the-counter markets.

19 October 2011

Finextra TV/Post-trade & ops

Global custodian bank survey

Tony Freeman, head of Industry Relations at Omgeo Europe, discusses the findings of Omgeo's latest survey on post-trade issues at Sibos 2011.

30 September 2011

Finextra TV/Post-trade & ops

Financial messaging and standards

Chris Pickles, head of Industry Initiatives - Global Banking & Financial Markets at BT, talks about whether ISO 20022 is one standard to solve all problems at Sibos 2011.

29 September 2011

News/Post-trade & ops

Swift's MyStandards pilot moves into live production

Financial messaging network Swift has announced that its MyStandards project is now recruiting users after completing a closed pilot phase.

22 September 2011

Finextra TV/Post-trade & ops

Time to market at ING

Steve Van Wyk, CIO at ING, along with Hans Tesselaar of BIAN, discuss the role of 'agile' development at the bank.

22 September 2011

News/Post-trade & ops

Banking heads 'hugely disappointed' by T2S delay

Leading banks have expressed their disappointment at yesterday's news that Target 2 Securities (T2S), the European Central Bank's plan to streamline Europe's securities settlement structure, has been delayed yet again.

21 September 2011

News/Post-trade & ops

ECB calls on recalcitrant CSDs to take efficient approach to T2S integration

The ECB has called on central securities depositories (CSDs) to 'efficiently reshape' their IT infrastructure in order to integrate to the T2S platform, its proposed pan-European settlement service which has encountered further delays amid foot-dragging by CSDs and protracted arguments over costs and pricing.

21 September 2011

News/Post-trade & ops

MarkitServ to buy Logicscope

OTC derivatives processing services firm MarkitServ has agreed to buy UK post-trade software vendor Logicscope. Financial terms of the deal were not disclosed.

21 September 2011

News/Post-trade & ops

T2S delayed again

The European Central Bank has once again been forced to push back the deadline for implementation of Target2 Securities, the Eurosystem's ambitious but controversial project to harmonise Europe's securities settlement structure.

20 September 2011