Euroclear to work with HKEX to boost European ETF distribution in Asia
HKEX has become the first Asian stock exchange to adopt the international central securities depository (ICSD) settlement model in Euroclear Bank.
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.
New report shows uptick in settlement and clearing between China and the UK, as London retains title of having the largest share of RMB payments outside of greater China.
The research explained how, for some firms, most settlement communications still occur through email instead of through secure networks.
The review will include a potential uplift of operations for client on-boarding, asset servicing, collateral management and settlement processes.
The PwC paper outlines by establishing an ICSD link could result in an increase in GDP of $13.4 billion over 10 years.
The settlement was carried out between the CSDs of Kuwait and Morocco using cash coins on the TCS BaNCS Network.
The ASIFMA paper suggested allowing investment managers and their lending agents, often global custodians, to carry out securities lending in the markets.