Market Infrastructure

DTCC plans new algorithm to re-engineer night cycle and increase settlement rates going into the next morning.

Saudi Arabia opened its doors to foreign investors three years ago and has been touted as the next up and coming market.

As the UK and EU negotiate how their various relations will be governed post-Brexit, the arrangements established with Switzerland are sometimes cited as a possible template. GC spoke to Thomas Zeeb, head of securities and exchanges at SIX, about the lessons the UK securities industry might wish to take from the Swiss experience.

The bank cleared the first lot of cash and repo trades on behalf of the Healthcare of Ontario Pension Plan (HOOPP).

The project could serve as the basis for other market infrastructures to revamp their post-trade systems using the technology.

Euroclear will instead look for an alternative solution to carry out settlement services after the UK leaves the EU.

The deal allows Clearstream to expand its funds services to include management of distribution contracts and data processing.

Euroclear has recently boosted investment into its fund market infrastructure service FundsPlace.

The new account will bring around 80% of the custody and settlement volume of T2S markets onto Clearstream’s Investor CSD services.

Ashish Chauhan is the MD and CEO of BSE, paradoxically both the oldest exchange in Asia and the fastest exchange in the world with six micro seconds response time. Global Custodian asked him about his strategy.