Industry experts from Cboe, CLS, and STP Investment Services speak to The TRADE to share their insights on the post-trade sphere, touching on the importance of regulators, the impacts of technological innovation in this stage of the workflow, and of course what to bear in mind following the shift to T+1.
Appointment will coordinate the work of the industry, acting as the link between various market participants.
LCH said the move will enable Morgan Stanley’s clients to benefit from margin offsets and operational efficiencies by accessing a broader range of cleared credit default swaps (CDS) products.
The development will provide a service for European SFT transactions in cash equities and ETFs, including central clearing, settlement and post-trade lifecycle management.
Migration aligns with the UK’s proposed switch, with ESMA pointing to the efficiency and resiliency benefits of the move.
New developments will help improve users’ understanding of risk management and margin requirements.
The move will allow Commerzbank to access to ForexClear’s margin, liquidity and netting opportunities as well as enhanced operational efficiency.
Development will allow banks and brokers using ION’s technology stack to offer clients advanced execution capabilities and clearing services on the newly launched exchange from day one.
The Investment Association concludes UK, EU and Switzerland should transition to T+1 settlement on a date in Autumn 2026, advocating for an earlier move than most.
A statement from ESMA comes a day after Task Force recommendations, claiming a coordinated approach across Europe is “desirable” while stressing the urgency in avoiding prolonging the negative impacts of settlement misalignment.