T2S sees volumes spike in 2019 as ECB provides update on platform
ECB releases annual statement with transactions value and volumes data and updates on other initiatives.
Market Infrastructure
Custodians awaiting key information from CSDs over buy-in procedures
Custodians are still waiting for vital information to work out exactly how the penalties are calculated under CSDR.
Clearstream launches project to improve clearing and settlement in emerging and frontier markets
The project aims to analyse current post-trade mechanisms in EMDCs and come up with a set of best practices for local market regulators.
Clearstream hires BNP Paribas global fund services veteran to lead DLT strategy
The hire is the latest move by Clearstream to explore and roll out DLT and blockchain-based solutions across its businesses.
Nasdaq mergers Iceland CSD with Baltics settlement houses
Migration of the securities settlement platform in Icelandic markets will be fully implemented on 15 June.
European banks ask for one-year delay on ECBs T2-T2S consolidation plan
The associations said the industry would not be able to make the changes to adapt to the planned consolidation of T2 and T2S by November 2021.
Clearstream and Euroclear suspend Lira settlement over the Bridge
Settlement of Turkish Lira transactions over the shared electronic communications platform of the CSDs is put on hold.
DTCC takes next step in implementing digitalised post-trade infrastructure
The US post-trade infrastructure has launched two new projects that will advance its digitalisation programme and further develop its adoption of new technologies.
European ICSDs and China Construction Bank bring Eurobonds closer to APAC investors
China Construction Bank joins common depository network for Eurobonds.
Euroclear launches digital postal voting platform for Swedish CSD
The service coincides with a new Swedish law allowing listed companies to hold General Meetings and for shareholders to cast their vote without having to be physically present.