CSD Prague opens a direct account in Euroclear Bank SA/NV
CSD Prague has opened a direct account in Euroclear Bank SA/NV and has opened the corresponding settlement link on 1st December 2017. CSD Prague’s cooperation…
Clearing and Settlement
DFM introduces the General Clearing Membership (GCM) service
Dubai Financial Market (DFM) has announced the launch of the General Clearing Member (GCM) service enabling approved local banks to provide brokerage firms with clearing…
Positive Q3 results for NSD
The value of assets in custody grew 13% and reached RUB 38 trillion; The value of OFZ balances in foreign nominee accounts increased 52% YoY…
BME Clearing To Admit Gas Contracts In Its Energy Segment
BME Clearing, the Central Counterparty (CCP) operated by BME, will expand its current energy segment to incorporate gas derivatives as of the first quarter of…
BME Clearing offers client direct access to its repo and swaps segments
BME Clearing, the Central Counterparty (CCP) operated by BME, has introduced two new access models for institutional clients which allow the registration of trades in…
4AX goes live with two issuers using Strate’s settlement services
One of South Africa’s newest exchanges, 4 Africa Exchange (4AX) – has announced its first two issuer listings on the Exchange – NWK Limited and NWK Holdings…
ICE takes stake in Euroclear
Intercontinental Exchange has acquired a 4.7% stake in Euroclear for EUR 275 million. ICE anticipates having one representative join the Board of Euroclear. “We are…
DTCC to add Securities Finance Transaction reporting capabilities
The Depository Trust & Clearing Corporation (DTCC) has begun efforts to enhance its European[1] Global Trade Repository (GTR) in support of the upcoming Securities Financing…
How can the UK’s clearing houses survive and thrive after brexit?
Representatives from the Futures Industry Association (FIA) and The London Clearing House (LCH) to give evidence to Lords EU Committee On Wednesday 25 October 2017…
SWIFT enhances connectivity to VPS
SWIFT will reinforce its connectivity to Verdipapirsentralen ASA (VPS), Norway’s central securities depository (CSD), which could make a shift in transaction volume to SwiftNet from…