Euroclear and HSBC to launch automated FX service for T+1
AutoFX will embed FX execution into the settlement process as European and UK markets prepare for the move to T+1 in 2027.
Settlement
UK T+1 is not a ‘slam dunk’ despite US success, says taskforce chair
UK Accelerated Settlement Taskforce chair Andrew Douglas says the UK’s second-mover advantage should not lead firms to underestimate the work required, as T+1 is increasingly being viewed as an opportunity to redesign the back office.
Standard Chartered becomes first G-SIB to issue digitally native notes on Euroclear D-FMI
The $200 million issuance marks a further step towards integrating distributed ledger technology with established capital markets infrastructure.
Europe
Fireside Friday with…UK Accelerated Settlement Taskforce’s Andrew Douglas
“Time and tide wait for no man”: Andrew Douglas, chair of AST, shares why firms must move beyond preparation and start using T+1 as a catalyst to future-proof their operations.
Fireside Friday with… BNY’s Ben Pott
Global Custodian's sister title, The TRADE, sits down with Ben Pott, international head of public policy and government affairs at BNY, to unpack the implications of MISP for capital markets’ improvement, settlement challenges, and striking the right balance between competitiveness, risk and regulatory complexity.
Euroclear’s Collateral Highway reaches €2.5 trillion daily milestone
Growth in repo, securities lending and Asia Pacific activity drives record collateral mobilisation.
Settlement
Fireside Friday with… Transcend’s Bimal Kadikar
Bimal Kadikar, founder & CEO of Transcend, discusses the firm’s recent Series B investment with 7RIDGE, its expansion into collateral, liquidity and tokenised markets, and how it is building infrastructure to bridge traditional and digital financial ecosystems through optimisation, interoperability and AI-driven capabilities.
SS&C expands tokenised fund offering with digital cash settlement plans
New capability will support settlement of tokenised investment transactions using regulated digital cash.
Societe Generale expands European government bond clearing offering
New service extends the bank's fixed income prime brokerage platform to European government bond markets.
Clearstream processes first DLT commercial paper issuance on D7
The €77.5 million EIB issuance was arranged by Citi and marks the first use of Clearstream's D7 platform for such a transaction.