Set to launch in Q3 2021, the DTCC SFT clearing service would offer both direct access and a sponsored membership model to buy-side firms.
FAB stated Oman is a key part of the bank’s regional direct custody platform for seven Middle Eastern markets.
LiquidityDrive data service to cover more than 460,000 global corporate and government bonds and combine executed trade settlement data with custody activity data.
The new partnerships with Clearstream, Euroclear and Iberclear will provide a single point of access to minimise cross-border hurdles.
Regulators seek to minimise the potentially wide-spread impact of Brexit on Europe’s capital markets.
The development follows similar initiatives involving Euroclear and local market infrastructures in both China and Japan.
Lisa O’Connor, head of capital markets strategy at SWIFT, talks to Global Custodian about how the cooperative plans to position its services to enable more efficient end-to-end transaction management, based on ISO 20022.
Following the launch of Yulan Bonds in China a week ago, Euroclear Bank to work with Japanese market participants to launch Origami bonds.
The hire will bolster Euroclear's international strategic growth efforts and its programme to explore using new technologiees.