ESMA re-authorises DTCC’s Irish trade repository ahead of Brexit
Regulators seek to minimise the potentially wide-spread impact of Brexit on Europe’s capital markets.
Regulators seek to minimise the potentially wide-spread impact of Brexit on Europe’s capital markets.
HKEX will use DAML-developed smart contracts and has partnered with DTCC to streamline and automate Northbound Stock Connect post-trade processes.
The spike in trade settlement fails across the US and Europe highlighted the urgency for post-trade automation.
The addition will help support several of DTCC’s projects as it seeks to transform the securities post-trade process.
DTCC stated dematerialisation would reduce the risks and costs associated with manual processing and human touchpoints.
DTCC has gone live with four new custodians on the service, growing its impressive list of users to 11.
The rise comes less than a month before sell-side firms will be required to report their trades under SFTR.
The group will collaborate on setting standards for building distributed applications, including frameworks on token definitions and contracts
The US post-trade infrastructure has launched two new projects that will advance its digitalisation programme and further develop its adoption of new technologies.
Despite calls for a delay to the securities finance regulation, service providers push forward with client testing.