DTCC has blocked Russian securities from the Bank of Russia and The Ministry of Finance of the Russian Federation in response to the Russian invasion of Ukraine
US regulator votes for clearing and settlement amendments, including T+1 settlement, same-day affirmation and improved STP rates. It asks, through public consultation, whether the market is now ready for next-day or same-day settlement
The European Commission has confirmed that it will extend equivalence for UK central counterparties through to 30 June 2025 and will enhance measures to build central clearing capacity in the EU
IHS Markit has partnered with Alpha Financial Software to deliver automated US agency mortgage-backed securities clearance and settlement through IHS Markit’s thinkFolio investment management service
Euroclear Bank, the Brussels-based international central securities depository, is to join the European Central Bank’s TARGET2-Securities settlement system, following an agreement signed with the ECB and the eurosystem central banks on 21 December
An agreement signed between the Warsaw and Budapest stock exchanges, the Polish Power Exchange and Hungarian National Bank plans regional clearing services for CEE and SEE, initially targeting commodities and energy markets
HSBC and IBM have successfully tested an advanced token and digital wallet settlement that included direct transactions between two central bank digital currencies, using the cloud
The world’s first interbank PvP settlement outside of CLS has been completed by HSBC and Wells Fargo using Baton Systems’ Core-FX solution, built on Baton’s distributed ledger technology
Guotai Junan Securities is to begin utilising Euroclear Bank’s Yulan bond structure, enabling Chinese issuers to gain better exposure to a wider foreign investor base
FMDQ Clear becomes an observer member of the global central counterparty association with immediate effect, supporting the development of the Nigerian post-trade services value chain towards global standards
