SIFMA, ICI and DTCC reprise their roles from the mid-2010s in shortening the US securities settlement cycle, this time to T+1.
Busy quarter of product launches and post-Brexit moves culminates in uptick across some business lines and assets under custody, despite profit dip.
The ALERT utility has been regarded as one of the most successful industry utilities adopted within the post-trade space.
InvestorInsight is a cloud-based service for issuers and intermediaries across three of Euroclear’s CSDs.
The hire comes at a crucial time for the exchange group as it looks to implement and roll out a number of key post-trade initiatives.
It is the third Clearstream CSD to receive licenses under CSDR, following authorisation of its German and Luxembourg-based businesses.
The exercise between Credit Suisse and Nomura's Instinet demonstrated the ability for firms to execute and settle US equities trades conducted throughout the day.
Move will enable the CSD to provide central bank money settlement in euros, pounds sterling and US dollar.
The landmark figure is part of an industry effort to significantly improve securities settlement efficiency rates ahead of the Settle Discipline Regime (SDR).
Combined with FundSettle, Euroclear said the acquisition of the fast-growing platform will create a new funds market utility and a leading global provider of fund services.