Clearstream to expand product offering next year
13 December 2018 London
Image: Shutterstock
Clearstream has revealed in a blog post that next year will see further enhancements of its product offering and network.
The blog post is written by Thilo Derenbach, Clearstream’s newly appointed head of TARGET2-Securities (T2S) investor-central securities depository (CSD).
According to Derenbach, approximately 80 percent of the custody and settlement volume of T2S markets is now available through Clearstream’s investor-CSD model.
To keep that number growing, Derenbach revealed that “Greece will join our investor-CSD solution and we will expand our French offering into French Registered Shares. We also want to cover further smaller, but equally relevant T2S-in markets”.
He added: “Moreover, as promised, we will expand our offering to Eurobonds in H2 2019, which is a commitment that we made to the market a while back and are proud to be able to deliver now.”
“What we have already started and continue to strive for is to enhance the connection to trading venue-driven settlement activities. Our goal is full coverage of our client’s European custody activities.”
The blog post is written by Thilo Derenbach, Clearstream’s newly appointed head of TARGET2-Securities (T2S) investor-central securities depository (CSD).
According to Derenbach, approximately 80 percent of the custody and settlement volume of T2S markets is now available through Clearstream’s investor-CSD model.
To keep that number growing, Derenbach revealed that “Greece will join our investor-CSD solution and we will expand our French offering into French Registered Shares. We also want to cover further smaller, but equally relevant T2S-in markets”.
He added: “Moreover, as promised, we will expand our offering to Eurobonds in H2 2019, which is a commitment that we made to the market a while back and are proud to be able to deliver now.”
“What we have already started and continue to strive for is to enhance the connection to trading venue-driven settlement activities. Our goal is full coverage of our client’s European custody activities.”
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