SIX introduces preferred clearing for Euronext markets
From March 2025, SIX x-clear’s preferred clearing services will be available for Euronext trades, with Euronext Italy joining by Q2 2025.
Settlement
T2S outage resolved after incident reverberates through market on Thursday
Hardware component impacts communication channels, DvP cut-off and penalty mechanisms throughout Thursday causing disruption to Europe's settlement system.
AccessFintech’s Synergy integrates with S&P Global for post-trade settlement
The integration is designed to help reduce settlement failures, facilitate trade compression and improve penalty management.
T+1 will release £1 billion of margin in the UK, says BoE
Bank of England’s director for financial market infrastructure highlights the reduction of costs and risks in shortening the settlement cycle.
Euroclear and Euronext to integrate collateral management services
The initiative aims to enhance market efficiency by integrating Euronext Clearing into Euroclear’s post-trade infrastructure.
UK taskforce publishes blueprint for T+1 transition
The Code of Conduct includes critical and recommended actions, along with suggested timelines and behavioural commitments surrounding compliance and automation.
UK confirms October 2027 alignment with EU and Switzerland for T+1 transition
The major European markets officially align on T+1 transition on 11 October 2027 as the UK prepares to reveal roadmap for a successful transition.
EU watchdogs launch new governance structure to support T+1 transition
The move is set to support the shift to T+1 through overseeing and managing the key elements of the transition, currently set for October 2027.
Switzerland confirms October 2027 move to T+1 in alignment with EU
October 2027 date is set to be the consensus between the EU, Switzerland and the UK.
HKMA introduces range of post-trade reforms to deepen connection to Mainland China
One of the main changes in the new framework will see participants in the Northbound Bond Connect able to use eligible onshore bonds as collateral for RMB repo transactions in Hong Kong.