The new redesign is expected to provide a consolidated settlement model to enhance risk mitigation, operational efficiency and liquidity; LCH ForexClear is the first CCP to go live on the platform.
Sam Riley, CEO of Clearstream securities services, outlines key priorities for the business, including expanding pan-European CSD connectivity, scaling support for retail and private markets, and driving growth through digital and data initiatives. He also highlights T+1 settlement, regulatory harmonisation, and rising demand for predictive data and interoperability as major forces shaping the post-trade landscape.
New measures will enable rehypothecation of bond collateral and support multi-currency settlements.
CREST platform to support share transfers and investor access for private companies.
The Committee’s 60-page report contains recommendations for market participants in the EU for transitioning to a shorter settlement cycle.
The technical advice sets out scenarios excluded from settlement discipline regime.
Currently there are 73 other banks as settlement members in CLSSettlement.
The European T+1 implementation budget for the largest custodians could reach up to $36 million apiece – more than double the average cost the same firms poured into the North America transition, finds new research.
Broker-dealer to streamline back-office operations amid growing institutional demand.
Partnership aims to address manual processing challenges in post-trade settlement workflows.