Calastone, the global funds transaction network, has completed the first phase of its distributed market infrastructure proof-of-concept for the trading and settlement of mutual funds
Keith Evans praised the country’s financial markets regulators and participants in their efforts to prepare for the move to T+2 on 5 September, designed to “further strengthen” the marketplace
EU leaders have a “strong argument” for bringing euro clearing into one of the remaining member states once the UK leaves the union, according to Roger Storm of SIX Securities Services
Tadawul, the Saudi Arabian stock exchange, has officially moved to a T+2 settlement cycle for listed securities, from its previous T+0 system
Clearstream has begun offering a new settlement solution for German debt for customers that clear German bonds and repos through LCH
Euroclear and Paxos have completed a second pilot of their Euroclear Bankchain settlement service for the London bullion market, executing over 100,000 settlements
Brazilian exchange BM&FBovespa has merged with Cetip, Latin America's largest depository for OTC securities and derivatives
