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All clearing and settlement news

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Polish and Russian CSDs link up


16 May 2013 Warsaw
Reporter: Mark Dugdale

The Central Securities Depository of Poland and the National Settlement Depository of Russia have taken their first step towards establishing an operational link...
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EurexOTC Clear signs on three for client clearing


07 February 2013 Frankfurt
Reporter: Georgina Lavers

Two of the largest European investment managers, Insight Investment Management (Global) in London and OFI Asset Management in Paris, have successfully begun client-clearing services of the EurexOTC Clear for Interest Rate Swaps (IRS)...
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Risky business for LCH.Clearnet-cleared bonds and repos


14 January 2013 London
Reporter: Georgina Lavers

LCH.Clearnet has implemented formal loss allocation arrangements as a means of mitigating systemic risk for bonds and repos that are cleared through its RepoClear service...
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SGX welcomes BNP Paribas as new clearing member


28 December 2012 Singapore
Reporter: Mark Dugdale

BNP Paribas Securities Services will support Singapore Exchange’s (SGX’s) position as a gateway for businesses looking to move into Asia after joining its securities market as a clearing member...
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Pershing picked by Nutmeg


05 September 2012 London
Reporter: Jenna Jones

BNY subsidiary Pershing will provide trading, custody, clearing and settlement services for online investment manager Nutmeg...
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LCH.Clearnet acquires IDCG


21 August 2012 London
Reporter: Jenna Jones

LCH.Clearnet Group has acquired International Derivatives Clearing Group (IDCG) from the Nasdaq OMX Group, reinforcing its presence in the US...
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SocGen settles in Egypt


26 July 2012 Cairo
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has been appointed by ITG to act as its settlement agent bank in Egypt. Societe Generale through its subsidiary NSGB...
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Yasser Zaazaa on the board at SocGen


25 July 2012 Cairo
Reporter: Georgina Lavers

Societe Generale Securities Services (SGSS) has elected Yasser Zaazaa to the Board of Directors of Misr for Central Clearing, Depository & Registry (MCDR), the authority dedicated to post-trading activities in Egypt...