The US post-trade infrastructure specialist releases new operational analytics service enabling broker-dealers and buy-side to benchmark performance against counterparties, peers and industry standards
The World Federation of Exchanges have seen a record 121 exchanges and central counterparties (CCPs) involved in the annual “Ring the Bell” initiative to celebrate International Women’s Day 2022, yesterday (8 March)
DTCC has blocked Russian securities from the Bank of Russia and The Ministry of Finance of the Russian Federation in response to the Russian invasion of Ukraine
The Depository Trust and Clearing Corporation (DTCC) has launched a new service that provides access to trade data for US treasury securities in a bid to extend transparency in repo markets
DTCC, ICI and SIFMA outline path to implement next-day settlement for US securities by H1 2024, but conclude that a move to T+0 is not feasible in the short term
DSM platform will enable digitisation of private market securities using distributed and centralised infrastructure. It will launch initially for pre-IPO securities, but will extend to a wider range of private securities according to user demand
The Central Securities Depositories Regulation (CSDR) rulings, relating to mandatory buy-ins, are “fundamentally flawed”, according to James Cunningham, head of European regulatory and market initiatives at BNY Mellon
“With ALERT, we are able to bring greater efficiency, risk mitigation, and accuracy to the post-trade settlement process for our client base,” says Wayne Francis
The settlement date for stocks used to be T+5, before moving to T+3, and now most markets operate on a T+2 settlement cycle, but panellists at the AFME conference discussed whether or not the T+2 cycle is enough