ASX has released amendments to its CHESS Replacement Partnership Program, responding to industry feedback and in anticipation of future industry cooperation
The Commission has proposed a requirement for firms clearing certain Euro-denominated products to clear a portion in the EU and maintain an ‘active account’ at an EU-based clearing house
The partnership programme is designed to recognise the work that will be undertaken to progress and complete the CHESS replacement project which was paused in November 2022
NPM’s Transfer and Settlement Solution has been designed to outsource the complex and non-core administrative activities associated with the transfer and settlement of private company shares
LCH DigitalAssetClear will provide clearing services for Bitcoin index futures and options contracts traded on GFO-X. Pending regulatory approval, it is expected to go live in Q4 2023
The financial services industry “is halfway through a marathon” in its preparations for T+1, according to a panellist at this year’s ISITC Summit in Boston
The Canadian Capital Markets Association has restated that Canada will reduce its standard securities clearing and settlement cycle to T+1 on the same date as the US
The Clearing House (TCH) has released the findings of an independent review into the efficacy of clearing and settlement system CHIPS, conducted by technology firm FNA
