3723 articles tagged with this keyword
News/Post-trade & ops
Europe's second-highest court has upheld a monopoly abuse charge brought by the European Commission against Deutsche Börse's settlement arm Clearstream five years ago.
09 September 2009
Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.
Banking co-operative Swift is to showcase a new service for streamlining bank-to-bank remittance payments at its annual user conference in Hong Kong next week.
08 September 2009
Banks and brokers active in the derivatives markets have warned the European Commission to tread carefully in regulating the over-the-counter markets for fear of stifling innovation and increasing instability.
02 September 2009
Tier one banks in Europe have set aside as much as EUR20 million each to attain compliance with the EU's Payment Services Directive (PSD) by November, with about 30% of the budget earmarked for technology changes.
25 August 2009
The International Securities Association for Institutional Trade Communication (ISITC) has released a new market practice for over-the-counter derivatives based around the Financial products Mark-up Language (FpML).
29 July 2009
Bank of America, Credit Suisse and Morgan Stanley have joined four other founder banks in supporting the CLS/Icap joint venture to provide trade aggregation services in the over-the-counter FX market.
27 July 2009
A surge in algorithmic trading helped drive a significant increase in the share of US equity trading volumes executed via electronic platforms last year, according to the results of Greenwich Associates' 2009 US Equity Investors Study.
21 July 2009
US corporations are overwhelmingly supportive of bank moves to incorporate remittance information in wire transfers, according to a study by the Association for Financial Professionals.
14 July 2009
The European Commission is calling for a technology-driven overhaul of the derivatives markets in a sweeping set of proposals aimed at strengthening the safety of the financial system.
03 July 2009
Trading and clearing venues across Europe have agreed a set of standards to cover the electronic exchange of trade information between competing market infrastructures.
02 July 2009
Citi is to switch from its inhouse LavaX execution management system (EMS) to a third party platform supplied by TradingScreen.
30 June 2009
Fintech giant SunGard has moved into the crowded dark pool market with the launch of its own alternative trading system, a crossing network for US equity order flow.
23 June 2009
The 48-strong Banks' Association of Turkey (TBB) has migrated to a new high-value payments platform supplied by incumbent provider Logica.
22 June 2009
Deutsche Börse reference data subsidiary Avox is to set up a wiki for business entity identifiers in an effort to create a common data standard.
Japan's Mitsubishi UFJ Trust and Banking (MUTB) has completed the first stage of a global roll out of Calypso Technology's trading and risk management platform, going live with the system in London.
17 June 2009
UK-registered clearing house EuroCCP has called for the adoption of a single standard 'Convention on Interoperability' that all central counterparties should sign, as the European clearing community struggles to implement a raft of bilateral agreements.
The Depository Trust and Clearing Corporation is to add cash settlement, including delivery-versus-payment, to its Loan/Serv suite for the syndicated loans market.
16 June 2009
The US Depository Trust and Clearing Corporation is to undertake a multi-year programme to overhaul and modernise its 24-year old Automated Customer Account Transfer Service (Acats), which is used by banks and brokers to transfer retail accounts across the investment industry.
12 June 2009
Banking co-operative Swift has adapted its Accord matching system to handle the pre-settlement processing of securities trade flows between prime and executing brokers and hedge funds.
11 June 2009
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