Traiana provides connectivity to Eurex central clearing
Connectivity reflects increased client demand for access to Eurex’s OTC interest rate derivatives clearing services.
Connectivity reflects increased client demand for access to Eurex’s OTC interest rate derivatives clearing services.
The expansion will also change how the service is used, with sponsors now able to let their clients trade with counterparties other than themselves.
Regulators have agreed on measures to provide a “bridge over Brexit” for derivatives trading and clearing in the UK and US.
UK clearing house applies for equivalence with European Securities and Markets Authority.
The new functionality will enable the SGX to align to global market practices, messaging standardisation, and a T+2 settlement cycle.
As Brexit looms, Societe Generale is to open a new base in Paris for clearing of derivatives and OTC products by the end of the year.
European regulator publishes report with technical standards with provisions for a no-deal Brexit.
Commerzbank, Deutsche Bank, JP Morgan and Morgan Stanley will sign up as early adopters of OTC FX clearing within the profit sharing scheme.
DTCC, Accenture, Digital Asset and R3 teamed up to build a US equity clearing and settlement system prototype.
ASX is now looking to launch its new post-trade blockchain system in March or April 2021, rather than the end of 2020 as initially planned.