Societe Generale and Euroclear explore USD stablecoin settlement for short-term funding markets
Firms assess the use of regulated digital cash for tokenised US dollar commercial paper transactions.
Settlement
BNY to provide triparty collateral services for Euronext Clearing’s expanding repo offering
Collaboration aims to boost capital efficiency and collateral optimisation as demand for cleared repo grows across Europe.
Two-thirds of firms doubt service providers’ T+1 readiness, survey finds
New survey reveals rising concerns regarding custodians, counterparties and market infrastructure providers as the UK’s accelerated settlement deadline approaches.
AST to publish T+1 settlement rate targets ahead of UK transition deadline
Taskforce to use rolling three-month CREST settlement averages to establish post-implementation benchmark from October 2027.
Euroclear adds MUFG to collateral optimisation platform
MUFG becomes latest institution to adopt Euroclear’s optimisation platform amid growing focus on collateral efficiency.
BNY goes live on CLSNet bilateral netting service
Custodian expands automated post-trade FX processing to emerging market currencies and same-day trades as CLS platform continues to scale.
Europe braces for T+1 with coordinated testing push
Industry roadmap highlights multi-phase testing, weekend simulations and heavy reliance on coordination across CSDs, CCPs and custodians to avoid settlement disruption.
BNY executes intraday sterling triparty repo trade
HSBC and Santander complete same-day transaction as intraday repo capability expands beyond US dollar.
ETF settlement fails remain high while ESMA flags stablecoin risks
Watchdog’s latest TRV Risk Monitor report links fail spikes to heightened trading activity in the wake of rapidly-changing US trade policies.
Saphyre and DTCC’s FICC link to support Treasury clearing mandate
Integration aims to streamline onboarding and documentation workflows as firms prepare for expanded central clearing requirements.