Clearing & settlement Archive

May 02, 2013

Buy-side needs automated systems for swap clearing – TABB

Institutional investors risk higher margin requirements if they cannot eliminate errors when communicating swap transaction data to clearing houses, according to a new report from TABB Group. read more>

April 24, 2013

BNP Paribas adjusts custody business to target Australian buy-side

Global custodian bank BNP Paribas Securities Services has adjusted its operations in Australia to drive closer engagement with buy-side firms, as it seeks to expand its share of the country's custody market. read more>

April 24, 2013

GETCO’s GETMatched gets interoperable with EuroCCP

GETMatched Europe, the European dark pool owned by global market maker GETCO, is to offer interoperable central counterparty clearing via pan-European clearer EuroCCP, subject to regulatory approval. read more>

April 18, 2013

ASX consolidates clearing position as competition looms

ASX consolidates clearing position as competition looms

A clearing and settlement code of conduct released by Australia's incumbent exchange last week signals the venue operator will look to consolidate its current monopoly position before equities clearing competition begins in the country. read more>

April 15, 2013

New tool improves buy-side collateral efficiency

Post-trade solutions provider Omgeo has launched a new tool that lets firms maximise their existing asset inventory for collateral when trading, ahead of new OTC derivatives rules. read more>

April 08, 2013

Citi includes segregated accounts to collateral offering

Global banking house Citi will expand its custody offering to include segregated collateral accounts as central counterparties prepare to offer such accounts in line with new regulations. read more>

March 25, 2013

Moscow Exchange embraces T+2 settlement

Moscow Exchange has formally begun shifting its settlement period to a T+2 regime, as it pursues initiatives to modernise its market and raise competitiveness. read more>

March 21, 2013

Industry tie-ups seek to improve repo market efficiency

Global post-trade services provider Clearstream will link up with Bloomberg to improve trade processing for tri-party repurchase transactions, as market participants look to the repo market to quench their thirst for collateral. read more>

March 20, 2013

Post-trade integration would buoy ASEAN markets

A review of options by Deutsche Bank for closer integration of clearing and settlement processes in the ASEAN region suggests that participating markets stand to benefit from a reduction in cost and risk. read more>

March 19, 2013

Middle-office focus vital in achieving shorter settlement cycles

A new white paper from Omgeo suggests that, if achieved on a global scale, improved settlement efficiency could be one of the most positive examples of post-trade infrastructure reform since the onset of the financial crisis. read more>