ASX announces one-year delay to DLT post-trade system
The announcement comes as the exchange faced pressure by users to push back the plan, which is now set for April 2022.
Tag: post-trade
Storing up trouble?
How has the enforced change in working environments brought on by the COVID-19 pandemic affected the functioning of corporate actions and company meetings? In the first of a two-part analysis, Richard Schwartz explores the scope of the challenge that issuers and their service providers are facing.
Post-trade firms step up resources for DLT projects, but COVID-19 could wipe out gains made
Investment into DLT increased 20% over the year, yet the operational pressures of the COVID-19 pandemic could set back the industry.
Access FinTech expands CSDR solution network with new partnerships
The FinTech firm has signed a partnership with Clearstream and has secured the commitment of Janus Henderson Investors which will use its CSDR solution.
Europe’s CMU working group recommends European Commission to review CSDR
Long-awaited report on the Capital Marks Union sets out recommendations for the regulation while also addressing lingering issues in the post-trade industry.
Turkey strikes landmark deal with Euroclear to open up bond market
Deal with the international central securities depository will open up the Turkish government bond market to international investors.
Bank of England launches post-trade task force to tackle outdated systems
The report from the UK central ban found that financial firms are spending upwards of $20 billion a year on post-trade processing systems alone.
Clearstream launches project to improve clearing and settlement in emerging and frontier markets
The project aims to analyse current post-trade mechanisms in EMDCs and come up with a set of best practices for local market regulators.
European Commission rejects post-trade industry calls for SRD II delay
The decision from the European Commission means the rules will come into force from 3 September 2020.
JP Morgan and Bloomberg look to transform post-trade workflow with new partnership
Major partnership will provide mutual buy-side clients a real-time settlement solution, in the first of a series of ongoing front-to-back integration points between the two firms.