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All clearing and settlement news

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Iberclear bank on Citi to provide global custody


20 October 2017 Madrid
Reporter: Jenna Lomax

The agreement, signed at this years Sibos conference in Toronto, will enable Spanish clearing houses to settle international securities via local CSDs
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Eurex Clearing launches partnership programme


09 October 2017 Frankfurt
Reporter: Theo Andrew

The programme plans to build a “balanced ecosystem”, responsible for aligning responsibilities and benefits related to economics and governance, bringing “greater choice and transparency” to the market
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Ten-year T2S saga comes to an end


19 September 2017 Brussels
Reporter: Stephanie Palmer

The Target2-Securities pan-European harmonised settlement platform is finally fully operational, as the Spanish and Baltic markets completed their migration yesterday
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SEC praises “smooth” T+2 transition


12 September 2017 Washington DC
Reporter: Stephanie Palmer

SEC chair Jay Clayton said the move on 5 September “represents a significant accomplishment” for the industry
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North America slims down to T+2


05 September 2017 New York
Reporter: Drew Nicol

The shorter settlement timeframe also aligns these markets with the EU, which moved to a T+2 settlement cycle in 2014