This rules will require firms that are taking on settlement themselves, and not through a CSD or sub-custodian, to report data on a quarterly basis.
JP Morgan’s securities services division goes live with post-trade FinTech firm’s transaction status solution
The bank’s securities services division has been developing a single end-to-end data integration framework aiming to break down the barriers in the post-trade lifecycle
The move allows the £1 billion private bank to fully automate settlement and cash movements for its UK investment funds.
A trial project using blockchain to transfer and settle securities and cash proved costly and less speedy than the traditional way, the Bundesbank president said.
Calastone has been engaging with a community of early adopters who have had access to the technology, including custodians and fund managers.
HKEX has become the first Asian stock exchange to adopt the international central securities depository (ICSD) settlement model in Euroclear Bank.
The ASX has opened a new Customer Development Environment (CDE) for users to test and interact with the new clearing and settlement system.
One of the most influential contributors to Europe's post-trade landscape passes away at the age of 64.
The Single CSD model currently covers the Euroclear Settlement of Euronext-zone securities (ESES) markets.