TMX Group’s CDS upgrades infrastructure to drive post-trade modernisation
The Canadian clearinghouse’s move replaces certain legacy systems and is set to match the evolving market needs for post-trade.
The Canadian clearinghouse’s move replaces certain legacy systems and is set to match the evolving market needs for post-trade.
Despite the positive participation, study reveals a limited amount of planned activity in 2025.
The market infrastructure provider will immediately contribute by developing a set of industry standards to support interoperability across the ecosystem.
The market infrastructure provider said the platform leverages a scalable, industry-driven framework “rooted in open architecture and common standards”.
New collaboration platform aims to enhance trade query resolution and contract processing efficiency.
Agreement will see nuam’s central securities depositories adopt Nasdaq’s CSD platform.
ICSD points to multiple regulations highlighting the choice of settlement venues in response to Euronext’s designation of its CSD for trades occurring in Paris, Brussels and Amsterdam.
As part of this change, IFDS’s transfer agency services in Ireland and Luxembourg will be integrated into each company's respective operations.
The new location, which can accommodate 500 staff, will bolster the firm’s operational and business capabilities in the region.
Assets under custody reached a record €40.7 trillion at end December 2024, up 8% year-on-year.