Clearing & settlement Archive

October 18, 2010

SIX x-clear to clear for UBS MTF

Swiss clearer SIX x-clear has agreed to supply central clearing services for all trades conducted on the new dark multilateral trading facility for European stocks, operated by Swiss investment bank UBS. read more>

October 14, 2010

SEC seeks to limit bank ownership in OTC clearing facilities

US regulator the Securities and Exchange Commission has proposed new rules governing the stake banks are able to hold in swap trading facilities in an attempt to resolve potential conflicts of interest. read more>

September 20, 2010

SGX initiates clearing for OTC financial derivatives

The Singapore Exchange has expanded its AsiaClear business with the launch of a new clearing service for OTC traded financial derivatives. read more>

September 09, 2010

SIX x-clear announces tariff cuts and new pricing model

Swiss central counterparty SIX x-clear will cut its prices and introduce a new volume-based tariff structure from 1 January 2011. read more>

August 31, 2010

LCH.Clearnet cuts fees further

Clearing house LCH.Clearnet plans to introduce free equity clearing for members that clear more than 150,000 trades a day on average. read more>

August 18, 2010

SGX appoints Deutsche Bank as clearing member

Deutsche Bank has been approved by the Singapore Exchange to act as a bank clearing member on its securities market. read more>

August 11, 2010

J.P. Morgan partners with pan-European clearing house

Investment bank J.P. Morgan has become a general clearing participant in central counterparty EuroCCP, which will enable its clients to trade and clear on all the markets covered by the clearing house. read more>

July 28, 2010

Goldman Sachs launches OTC derivatives clearing service

Goldman Sachs has launched a clearing service for OTC derivatives, building on its existing prime brokerage and futures clearing platforms. read more>

July 07, 2010

Nasdaq OMX challenges vertically-integrated exchange model

Nasdaq OMX has challenged moves by other exchange groups towards a vertically-integrated model of stock exchange and clearing house, urging investment from other trading venues into central counterparty EMCF. read more>

July 07, 2010

European CCPs expect interoperability by end-2010

Pan-European central counterparties (CCPs) and regulators have finally reached a resolution that could see interoperability between CCPs before the end of the year. read more>