Post-trade & ops

3722 articles tagged with this keyword

/markets

Banco de la República de Colombia launches new central securities depository

Montran, a global leader in capital markets infrastructure, announces the successful launch of the new Central Securities Depository (CSD) platform at the Banco de la República de Colombia.

/markets

Clearstream invests in Digital Vault Services

Clearstream, Deutsche Börse’s post-trade business, intends to make an investment in Digital Vault Services (DVS), a pioneering fintech offering issuance and safekeeping services for digital bank guarantees and sureties in Europe.

/regulation

European taskforce calls for T+1 alignment

A group representing buy and sell-side firms and market infrastructure providers across Europe has called on the UK, Switzerland and the EU to coordinate plans to shorten the settlement cycle for securities trades.

/crypto

German bank LBBW enters crypto market

Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, has formed an alliance with crypto custodian Bitpanda.

/wholesale

SBI Securities selects Broadridge for post-trade services

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that SBI SECURITIES Co., Ltd. has selected Broadridge’s post-trade solution to launch its equities brokerage services to clients in the UK, through its subsidiary SBI Shinsei International Limited.

/regulation

DTCC and REGnosys support ISDA digital regulatory reporting

DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that it is working with REGnosys to support industry adoption of the ISDA Digital Regulatory Reporting (DRR) solution and aid compliance with forthcoming global derivatives trade reporting rewrites.

/crypto

LCH gets green light to clear Bitcoin index derivatives

London Stock Exchange Group-owned LCH has secured regulatory approval to clear cash-settled Bitcoin index futures and options contracts.

/markets

BofA and State Street back Cboe Clear's CCP for SFT

Cboe Clear Europe, Cboe’s Amsterdam-based pan-European clearing house, today announced that it has secured the support of additional participants to support the launch of its Central Counterparty (CCP) clearing service for securities financing transactions (SFTs).

/markets

DSB calls for industry input on OTC derivatives identifier

The Derivatives Service Bureau (DSB), the golden source of reference data for Over-the-Counter (OTC) derivatives, has released the schedule for the 2024 industry consultation relating to the OTC International Securities Identification Number (ISIN), Unique Product Identifier (UPI) and Classification Financial Instrument (CFI) service provisions.

/wholesale

Euroclear invests in blockchain company

Post-trade group Euroclear has acquired a stake in Iznes, a pan-European, blockchain-based network within the asset management market.

/markets

ASX consults on proposed replacement for Chess clearing and settlement system

Today ASX released a public consultation paper calling for feedback on the two-stage approach it has proposed for the delivery of CHESS replacement, as well as the proposed implementation plan for the clearing service, which is to be delivered in the first release.

/crypto

Institutional players back digital asset clearing house ClearToken

ClearToken, a London-based clearing house for global digital assets, has secured a $10 million funding round with support from Laser Digital, the digital asset subsidiary of Nomura, several global liquidity providers including Flow Traders and GSR, and leading digital asset firms LMAX Digital and Zodia Custody.

/markets

Trading Technologies closes ATEO acquisition

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services. Terms of the transaction were not disclosed.

/markets

DTCC tells market participants to get ready for T+1

"With the U.S. transition to a T+1 settlement cycle less than three months away, market participants must accelerate their preparations with a focus on enhancing operational efficiencies, including the achievement of same-day affirmation.

/markets

Vermiculus to build central core for clearing houses in Chile, Colombia and Peru

nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.

/people

Frank Seibold joins Pirum as head of commercial development

Pirum Systems, a global leader in automated post-trade services, has appointed Frank Seibold as Head of Commercial Development, Americas.

/markets

Goldman Sachs achieves 99% same day affirmation Rate via DTCC’s CTM Match to Instruct workflow

DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that Goldman Sachs & Co. LLC has achieved a greater than 99% same day affirmation rate and a significant improvement in settlement rates for transactions leveraging CTM’s Match to Instruct (M2i) workflow in Q4 2023.

/Post-trade & ops

Trading Technologies expands into clearing with acquisition of ATEO

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced a definitive agreement for TT to acquire ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services.

/markets

EquiLend services knocked out by cyber-attack

EquiLend has warned clients that services could be down for several days after the securities lending trading platform was hit by a cyber-attack.

/markets

EquiLend to be acquired by PE firm WCAS

EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).