The decision comes amid wider fee pressure from asset managers and other client types as they look to reduce their own operating costs.
The study explained outdated systems used by clearing banks and prime brokers are not fit for purpose for today’s current regulatory environment.
The newly launched JPX clearing system includes real-time clearing and risk technology services.
Exchange operator aims to offer investors securities token offerings which are regulated by securities commissions, unlike ICOs.
LCH clearing and compression volumes rose across the board in 2017, and plans to further expand FX product offering.
After two years of development and testing, the ASX will replace CHESS with blockchain technology.
CFTC's Giancarlo stated stricter rules on overseeing non-EU clearing houses will damage US derivatives markets.
The addition of PGGM as its first buy-side member could significantly increase cleared securities lending volumes.
CCPS have introduced new clearing memberships for the buy-side in response to increased capital pressures on banks.