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.
Settlement
EU T+1 committee issues further SSI guidance to align EU and UK standards
Latest guidance confirms that FMSB SSI templates are compatible with EEA pre-settlement requirements, while providing further clarity on implementation ahead of Europe's transition to T+1.
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.
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.