DTCC to begin night cycle settlement by next year
The Depository Trust & Clearing Corporation (DTCC) has announced a timetable for the first phase of settlement optimisation, a significant enhancement aimed at removing an entire…
Clearing and Settlement
ICE Benchmark Administration Becomes Authorised Benchmark Administrator under EU Benchmark Regulation
Intercontinental Exchange, Inc. has announced that ICE Benchmark Administration Limited (IBA) has been authorised as a regulated benchmark administrator under the EU Benchmarks Regulation (BMR)….
CDCC Launches Direct Clearing for Canadian Buy Side Firms
Canadian Derivatives Clearing Corporation (CDCC), Canada’s national central clearing counterparty (CCP) for exchange-traded derivative products, certain over-the-counter (OTC) products and repurchase agreements (repos), has launched…
Baymarkets separates its business into two standalone companies
Baymarkets Technology AB (Baymarkets), a Nordic provider of FinTech solutions, has separated its current business into two independent companies, Reg&Tech Solutions AB (Reg&Tech) and Baymarkets…
CLS and NEX expand FX forward compression service to third parties
CLS, a market infrastructure group delivering settlement, processing and data solutions, and NEX, a financial technology company at the centre of the global markets, are…
Credit Default swaps move from CME to ICE clear credit
Intercontinental Exchange has announced the transition of index credit default swap (CDS) open interest from CME Group to ICE Clear Credit, ICE’s U.S.-based CDS clearing house….
Delta Capita and The Field Effect announce strategic alliance
Delta Capita, the international business & technology consulting and managed services firm, has announced a strategic alliance with The Field Effect, a London-based consultancy specialising…
CDAD begins the settlement of government securities
The Bulgarian Central Depository AD (CDAD) has become a member of ESROT (BNB’s electronic system for registration and settlement of government securities) and, as of…
Euroclear Reports strong 2017 Operating Performance
Euroclear’s positive operating results in 2017 demonstrate the results of the group’s initiatives to support the evolving needs of capital market participants. Highlights of Euroclear’s…
NSD Offers Clients an Opportunity to Open Individual Accounts to Settle Transactions via ICSDs
National Settlement Depository (NSD), Russia’s central securities depository, has launched a new service – a service to open individual accounts with international clearing systems. Individual…