Clearing & settlement Archive

Half of market participants are not preparing for shorter settlement cycles, despite widespread support for a T+2 cycle, according to new research. read more>

The Singapore Exchange has launched a consultation paper with the aim of refining rules and improving transparency for clearing in its securities and derivatives markets. read more>

An interest-rate swaps clearing service has been launched in Japan to meet impending regulation for over-the-counter derivatives. read more>

The securities market infrastructures forum sessions at this year’s Sibos started on a sobering note with Global Custodian editor-in-chief Dominic Hobson noting that central counterparties by their nature concentrate and redistribute risk in the financial system rather than reduce it. read more>

As global markets edge closer to a new regulatory landscape for OTC derivatives, questions remain as to whether the new world will result in a safer environment or simply shift risk from banks to clearing houses. read more>

Once all clearable interest rate swaps are eligible for portfolio margining in the United States, the industry could see margin savings of US$618 billion, according to a new report. read more>

Complying with new rules is the chief concern for buy-side firms ahead of wide-sweeping regulatory change in the US and Europe, according to new research. read more>

The International Swaps and Derivatives Association has thrown its support behind an industry standard on over-the-counter derivatives reporting and will provide program management, governance and industry oversight for the service. read more>

Nasdaq OMX Nordic, operator of domestic markets in Sweden, Finland and Denmark, has again delayed plans to offer a choice of equities clearers. read more>

Polish clearing house KDPW_CCP will go live 19 November with clearing and guarantee services for OTC trades in derivatives and repos. read more>