The company says the energy and carbon derivatives contracts offered on Abaxx enable market participants to better execute their energy transition strategies
Brian Steele, Managing Director and President for Clearing and Securities Services at the financial market infrastructure company, says the transition has been successful
The solution aims to facilitate straight-through processing of securities trades by automating the complete lifecycle of essential corporate action tax details
Clearstream will connect to all three central bank digital offerings: Bundesbank’s Trigger Solution, Banca d’Italia’s TIPS Hash-link and Banque de France’s Full DLT Interoperability
The service is designed to enable US-registered market makers to gain insights into strategies tailored to their needs, including their diversification into new asset classes and products
Clearstream aims to allow clients to access and settle all T2S-in securities and benefit from a one-stop shop custody solution in central bank money across European markets
The announcement builds on the existing partnership between the organisations, with the central counterparty already using Euroclear Bank as an eligible securities settlement location
