DTCC proves blockchain can work for US equity markets (sort of)
DTCC built a blockchain-based clearing and settlement platform that could process over 100 million US equities trades per day
Tag: clearing
Post-trade costs under the spotlight
Regulations have forced all firms to review their pre-trade and execution costs. This is now evolving to include clearing, settlement and custody costs. How will a new focus on post-trade costs impact outsourcing models?
LCH taps Kate Birchall as new head of Asia Pacific
Kate Birchall joins LCH from National Australia Bank, replacing previous region head Marcus Robinson.
Credit Suisse continues rebuild of US prime division with new senior derivatives expert
Credit Suisse has hired Terry Burke from CME Group as it continues to rebuild its US prime services division.
Industry feedback forces ASX to push back the go-live date for its blockchain system
The decision comes after industry feedback raised concerns on the ASX’s timeline to implement the technology.
Credit Agricole outsources listed derivatives operations to asset servicing arm
CACEIS will also act as the main listed derivatives clearer for the French investment bank.
PGGM executes first cleared securities lending trade
The trade marks the end of a nine-month journey for PGGM after it signed up as the first buy-side clearing member of Eurex’s securities lending CCP.
SIX overhauls clearing with Nasdaq post-trade tech
SIX Group will use Nasdaq’s post-trade technology for pan-European equities and Nordic derivatives.
EuroCCP appointed sole CCP for Euronext Dublin
EuroCCP will act as sole CCP for Euronext Dublin following its migration to the exchange group’s new cash markets trading platform Optiq.
The Big Interview: Diana Chan
As the long-standing chief executive of EuroCCP, Diana Chan, steps down from her role, Global Custodian discusses her legacy with the company and what she believes the next decade holds for clearing.