Executives from LCH, SIX, EuroCCP and Eurex populated a panel at the PostTrade 360° event in Stockholm last week to discuss the current state of affairs in the UK and European clearing markets.
Netherlands-based PGGM becomes the first to use the service, receiving support from Societe Generale via Tradeweb.
Industry working group identifies opportunities to better protect financial market infrastructures’ data in case of cyber-attacks.
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.
The new partnerships with Clearstream, Euroclear and Iberclear will provide a single point of access to minimise cross-border hurdles.
BNY Mellon has taken an active role in promoting the cleared repo and securities lending markets to its buy-side clients globally.
Migration to LSEG’s clearing and risk technology platform Millennium will reduce end of processing time for market participants.
Royal Bank of Canada and its Channel Islands subsidiary have joined LCH RepoClear as clearing members for Euro and Sterling debt.
Representatives from LCH and EuroCCP highlight contradicting trends they are seeing in clearing activity throughout Europe following Brexit.
Partner firms signed up for UnaVista's SFTR trade repository include Calypso Technology, EquiLend, IHS Markit, MarketAxess, Trax and Murex.