The Monetary Authority of Singapore (MAS) has given Deutsche Börse Group full regulatory approval to operate Eurex Clearing Asia. Deutsche Börse says the new clearing house is an integral part of its new trading and clearing offering for investors during Asian trading hours.

Deutsche Börse adds that it will now file an application for Eurex Clearing Asia to be recognised as a third-country central counterparty with the European Securities and Markets Authority (ESMA) in Europe. Once it has obtained ESMA approval, the Asian clearing services will also be accessible to market participants based in the European Union.

The management team looking after Eurex Clearing Asia is Roland Schwinn as chief executive officer and Christoph Kraus as chief operating officer.

Russia's National Settlement Depository (NSD), the country’s central securities depository, says it has implemented back-to-back settlements technology for off-exchange DVP (delivery versus payment) transactions. Trading bank accounts and transactions may be in Russian rubles, US dollars, euro, or yuan.

Clearstream reports that the overall value of assets under custody held on behalf of customers registered an increase of 8 percent to EUR 13.2 trillion (compared to EUR 12.2 trillion in August 2014). 

Euroclear Bank has opened an account with Hong Kong’s Central Securities Depositary, the Central Moneymarkets Unit (CMU).

Eurex Clearing reports that it has admitted another major participant to EurexOTC Clear – the German Bund, represented by the Bundesrepublik Deutschland – Finanzagentur GmbH (the Federal Republic of Germany – Finance Agency).

Italy's Monte Titoli and its clients have successfully completed the migration to the European Central Bank’s Target2-Securities (T2S) platform, postponed to August 31 from June 22 when the first wave of implementation began, the London Stock Exchange Group (LSEG) reports.

The Johannesburg Stock Exchange (JSE), Africa's largest exchange, says it has officially launched JSE Eris Interest Rate Swap (IRS) Futures, based on the Johannesburg Interbank Agreed Rate (JIBAR) and denominated in South African Rand (ZAR).