Operations & Technology Archive

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 26, 2013

ITG unveils commission management tool

Agency broker ITG has launched a new monitoring tool for commission sharing agreements and client commission arrangements, giving buy-side firms global visibility on payments made for equity and options trades. 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 22, 2013

ESMA backs swaps reporting choice

ESMA backs swaps reporting choice

The European Securities and Markets Authority is hoping to avoid a repeat of the current row engulfing the Commodity Futures Trading Commission with a ban on bundled clearing and reporting of OTC derivatives. 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 20, 2013

Lack of regulatory support thwarts consolidated tape effort

Lack of regulatory support thwarts consolidated tape effort

The COBA Project, an industry-led solution to the creation of a European consolidated tape, has been suspended due to regulatory uncertainty and a subsequent lack of support. 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>