The offshore Yuan is the fifth currency to be settled between the two banks using a shared settlement ledger that currently encompasses the US dollar, Canadian dollar, British pound and the Euro
Software provider ION has expanded its XTP cleared derivatives platform with the addition of JANUS, a risk management solution, and Clarus CHARM, an analytics solution
European securities market regulator concludes that cumulative conditions for recognising these third-country CCPs under EMIR have not been met since no cooperation agreements have been established with the relevant Indian market authorities
Eurex Clearing is to offer an incentive programme to support buy-side clients who are starting clearing over-the-counter interest derivatives rates positions in the EU
ION has launched XTP Spark, a turn-key trade processing solution for cleared derivatives. Based on the company’s XTP solution, it is a faster, simpler version of the existing product, ION says
The comments came from a panel entitled ‘Tackling the root of securities settlement fails’, with participants trying to establish the cause of dropped global settlement efficiency rates
The comment came from a panel entitled ‘Is T+1 the goal or a step to instant securities settlement?’, where the pervasive question of when Europe would move to a T+1 settlement cycle was unpacked
The service supports the central clearing of SFTs, both between NSCC full-time members and intermediated by NSCC sponsoring members or agent clearing members
