Clearing & settlement Archive

Traiana has expanded its Harmony ClientLink’s to equities and fixed income markets, allowing brokers to receive clients’ post-trade data through one gateway, regardless of the messaging preferences. read more>

A standard contract for buy-side firms and their clearing members "will make life easier" when clearing OTC derivatives across central counterparties, according to those involved. read more>

iShares’ exchange traded funds will soon be issued and settled at international central securities depository Euroclear Bank for the first time. read more>

4sight Financial Software has upgraded its collateral optimisation system to allow users to automate collateral recalls and substitutions. read more>

An extension of post-trade matching service Traiana that sends OTC equity trades through central counterparties will cut bilateral equity trade settlement fees for brokers and banks, and will have a muted impact on greater interoperability for cash equities in Europe. read more>

Institutional investors risk higher margin requirements if they cannot eliminate errors when communicating swap transaction data to clearing houses, according to a new report from TABB Group. read more>

Global custodian bank BNP Paribas Securities Services has adjusted its operations in Australia to drive closer engagement with buy-side firms, as it seeks to expand its share of the country's custody market. read more>

GETMatched Europe, the European dark pool owned by global market maker GETCO, is to offer interoperable central counterparty clearing via pan-European clearer EuroCCP, subject to regulatory approval. read more>

A clearing and settlement code of conduct released by Australia's incumbent exchange last week signals the venue operator will look to consolidate its current monopoly position before equities clearing competition begins in the country. read more>

Post-trade solutions provider Omgeo has launched a new tool that lets firms maximise their existing asset inventory for collateral when trading, ahead of new OTC derivatives rules. read more>