Clearing & settlement Archive

Nasdaq OMX has said that its decision to use the European Multilateral Clearing Facility (EMCF) for its pan-European platform was steered by Chi-X’s decision to use the same service. read more>

Settlement system Euroclear UK & Ireland is to cut the price of sending electronic transaction reports through its system to the UK Financial Services Authority (FSA) from 1 July. read more>

Exchange operator Nasdaq OMX Group will use Fortis’s European Multilateral Clearing Facility (EMCF) to clear trades executed on its new pan-European trading platform. read more>

ESP, a buy-side solutions provider, has integrated its new Clearvoyance post-trade aggregating software with trading technology firm Linedata’s LongView Trading order management system. read more>

ICE Clear Europe, a new clearing service being set up by derivatives exchange group IntercontinentalExchange (ICE), has been accredited as a UK Recognised Clearing House by the UK Financial Services Authority (FSA). read more>

The Brazilian Clearing and Depository Corporation (CBLC) has signed a memorandum of understanding (MoU) with Euroclear and has been in partnership talks with settlements provider Omgeo. read more>

Connor, Clark & Lunn Financial Group (CC&L), a Canadian multi-boutique asset management firm, has signed up to use Omgeo Central Trade Manager (Omgeo CTM). read more>

SmartPool, NYSE Euronext’s new European block trading platform, has taken an important step towards its planned launch later this year. read more>

Following the launch of the Luxembourg Stock Exchange’s clearing platform on 14 March, Dexia Bank Belgium has decided to become a general clearing member of the exchange and offer clearing services to the exchange’s customers. read more>

Wall Street Systems, a provider of treasury, trading and settlement solutions, has acquired the assets of Aleri Global Banking (AGB), the wholesale banking division of Aleri. read more>