Clearstream and Euroclear go live with dematerialised Eurobond issuance services
ICSDs move to fully paperless issuance, marking a landmark step in the modernisation of the €15.3 trillion Eurobond market.
ICSDs move to fully paperless issuance, marking a landmark step in the modernisation of the €15.3 trillion Eurobond market.
Joan Kehoe, founder and CEO of Alchelyst and former global head of alternative investment services at JP Morgan, will lead the combined company.
Several issuer agents have already adopted the solution, representing more than one third of all annual general meetings by German issuers.
Agreement will see ICE platform used for ETF primary market order workflows as Northern Trust builds out its US institutional ETF servicing capability.
Project Samara sees RBC, Bank of Canada, EDC and TD complete tokenised bond issuance and settlement using central bank money.
Transaction marks first wealth management structured note on Euroclear’s D-FMI distributed ledger infrastructure.
Euroclear’s Asia Pacific CEO Philippe Laurensy says securities services points to strong issuance, gradual market opening in China, and growing collaboration across the region’s fragmented markets as key trends in the region.
Integration aims to streamline onboarding and documentation workflows as firms prepare for expanded central clearing requirements.
New functionality aims to simplify investor participation and support wider adoption.
The post-trade giants call for a ‘same asset, same rights, same outcome’ approach to linking TradFi and DLT.