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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>
Global banking house Citi will expand its custody offering to include segregated collateral accounts as central counterparties prepare to offer such accounts in line with new regulations. read more>
Moscow Exchange has formally begun shifting its settlement period to a T+2 regime, as it pursues initiatives to modernise its market and raise competitiveness. read more>
Global post-trade services provider Clearstream will link up with Bloomberg to improve trade processing for tri-party repurchase transactions, as market participants look to the repo market to quench their thirst for collateral. read more>
A review of options by Deutsche Bank for closer integration of clearing and settlement processes in the ASEAN region suggests that participating markets stand to benefit from a reduction in cost and risk. read more>