Euroclear stated the new solution will make tri-party a portable service offering, agnostic of the settlement and custody location.
Known as the standard electronic protocol for pre-trade communications and trade execution, FIX launches new post-trade messaging template.
The aim for the new CSD is to provide a harmonised platform for the issuance, trading, settlement and custody for commercial paper.
Euroclear has named the chief compliance officer of its joint venture with DTCC as interim CEO.
Argentina's Caja de Valores is the second Latin America-based CSD to use Nasdaq for their post-trade technology overhaul.
DTCC recently broadened the category of market participants accessing the Fixed Income Clearing Corporation’s (FICC) cleared repo service.
The proposed solution will provide one consolidated hub for the issuing of European commercial paper with delivery vs payment (DvP) settlement.
The new programme represents the first time foreign investors can access China A-Shares, via depository receipts, outside of the Greater China region.
Earlier this month, the ECB granted SWIFT the first network licence enabling it to provide connectivity services to the ESMIG.
The connectivity is the latest effort by RBI as it looks to establish itself as a gateway to Eastern European market infrastructures.