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All clearing and settlement news

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Investec adopts Euroclear CSD for UK funds


29 October 2015 London
Reporter: Stephanie Palmer

Investec Wealth and Investment has adopted Euroclear UK and Ireland’s automated settlement and custody system, CREST, for its UK investment fund flows...
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Euronext launches AtomX for OTC derivatives


27 October 2015 Amsterdam
Reporter: Stephanie Palmer

European stock exchange Euronext has launched a new service allowing over-the-counter trades to be conducted in the same pools as other derivatives positions...
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Post-trade pair slash pending CAD IRS notional


09 October 2015 New York
Reporter: Drew Nicol

TriOptima and SwapClear have eliminated 20 percent of inter-dealer notional outstanding in cleared Canadian dollar interest rate swaps...
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Turkish derivatives launch on LSE


14 September 2015 London
Reporter: Becky Butcher

London Stock Exchange Group has launched trading in Turkish equity index derivatives products on London Stock Exchange Derivatives Market, following a partnership agreement...
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German exchange gets first FIX partner


03 September 2015 Berlin
Reporter: Stephanie Palmer

Ullink has become the first vendor to partner with Tradegate Exchange, the German exchange for private investors...
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T2S success for Italy


02 September 2015 Milan
Reporter: Stephanie Palmer

Italy successfully migrated to the Target2Securities platform on 31 August, after it delayed its start date from 22 June...
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Manual swap management still rife, says SimCorp


26 August 2015 New York
Reporter: Stephanie Palmer

Many asset managers are still relying on manual processes for managing complex swaps across the investment lifecycle, according to a SimCorp survey...
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SGX consults on affiliate segregation


20 August 2015 Singapore
Reporter: Stephanie Palmer

Singapore Exchange has proposed the introduction of affiliate segregation, a system designed to protect the collateral of an SGX Derivatives Clearing member’s affiliates in the case of a default...
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Markit’s FX confirmation service live


10 August 2015 London
Reporter: Stephanie Palmer

Markit has launched its new centralised foreign exchange trade confirmation service, part of its MarkitSERV trade processing platform...
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ForexClear and CLS collaborate on FX settlement


03 August 2015 London
Reporter: Stephanie Palmer

LCH Clearnet’s ForexClear is launching a new service, developed with CLS, to allow physical settlement of cleared foreign exchange (FX) products...