DTCC files SEC application for securities finance clearing house
The application is the formal start of the launch process of a central clearing and settlement service for overnight equity securities financing.
Tag: clearing
LCH adds Euro repo to buy-side sponsored clearing model
Buy-side firms using RepoClear will now have direct access to clearing across 13 Euro debt markets and LCH’s basket repo clearing service, €GCPlus.
Eurex expands direct access for hedge funds to cleared repo business
According to Eurex, giving a greater range of market participants direct clearing house access will deliver tangible efficiencies to their repo operations.
FIS to provide BNP Paribas’ derivatives post-trade tech through 10-year agreement
All post-trade derivatives operations at BNP Paribas including reconciliation and post-trade processing will be managed by FIS under 10-year agreement.
BNP Paribas expands sub-custody network in Latin America to include Chile
As part of the launch, BNP Paribas Securities Services has become a direct participant in the Chilean CSD, Depósito Central de Valores.
BNY Mellon to give access to FICC sponsored cleared repo
The move will enable its institutional investor clients to invest in a wider variety of short-end investment products that they would not previously had access too.
HKEX appoints SWIFT’s former head of capital markets strategy to key post-trade role
The hire comes at a crucial time for the exchange group as it looks to implement and roll out a number of key post-trade initiatives.
Brexit: What happens now?
Following the UK’s official exit from the EU single market, regulators on both sides of the Channel appear to be splitting on post-trade regulations. What are the potential consequences for this on the post-trade industry?
Eurex Clearing to wind down securities lending service following muted volumes
Pressures from COVID-19, regulations and changing geopolitical market trends, as well as low volumes, have forced Eurex to prioritise other activities.
Clearstream and Eurex roll out capital savings initiative for European repo market
The move could provide significant savings for banks that have faced increased regulatory costs to trade in the balance sheet-intensive repo market.