Clearing & settlement Archive

August 16, 2012

LCH.Clearnet plans US expansion with IDCG buy

LCH.Clearnet Group has completed the purchase of Nasdaq OMX’s International Derivatives Clearing Group, giving the Anglo-French clearer the opportunity to grow the products and services it offers in the US. read more>

August 07, 2012

Shorting to move to CCP model – Celent

The bulk of securities lending in the future will be transacted via central counterparties, one research firm has forecast. read more>

August 06, 2012

Thai exchange steps up post-trade improvement drive

The Stock Exchange of Thailand has updated its third-party clearing service and global custodian services to improve post-trade facilities for market participants. read more>

August 01, 2012

LCH appoints new client services head

Anglo-French central counterparty LCH.Clearnet has appointed Martin Ryan as group head of operations and client services. read more>

July 30, 2012

SGX looks to impose new margin rules

The Singapore Exchange is proposing to introduce new margining rules for securities cleared by its Central Depository. read more>

July 04, 2012

Ex-LCH.Clearnet exec takes NYSE Euronext clearing role

NYSE Euronext (NYX) has appointed Patrick Birley as chief commercial officer for its new, integrated derivatives clearing house in London.  read more>

July 03, 2012

BNP Paribas launches domestic sub-custody in Australia

BNP Paribas Securities Services has gone live with domestic sub-custody services in the Australian market, with custody and settlement services on offer since going live in May.

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June 29, 2012

New Chilean derivatives CCP targets Q2 2013 launch

A new central counterparty for OTC derivatives being built by a consortium of Chilean banks is expected to begin clearing non-deliverable forwards from Q2 2013. read more>

June 28, 2012

Burgundy adds third clearer as Nordics wake up to interoperability

Burgundy, a multilateral trading facility for Nordic stocks, has added EuroCCP as its third clearing option, piling further pressure on domestic exchange Nasdaq OMX Nordic – which delayed plans for a similar initiative earlier this year – to provide interoperability. read more>

June 20, 2012

Swiss CSD signs up to T2S

Swiss central securities depository SIX has become the latest to sign the TARGET2-Securities framework agreement. read more>