The taskforce will examine the case for quicker settlement times, with initial findings due to be published by December.
New paper includes suggested testing scenarios for member firms while acknowledging that the final implementation date is still up in the air.
Sell-side clearing firms are rethinking margin processes in response to increased market volatility, finds new research
New survey produced by Acuiti found that more than 50% of respondents were calling clients for more intra-day margin.
Euronext to pay LCH €36 million early termination fee to kick-start derivatives clearing migration plans
The exchange operator is planning to migrate the clearing of its Euronext derivatives markets to its internal clearing house by the third quarter of 2024.
The European CCP had previously been operating under the UK’s Temporary Recognition Regime following the end of the UK and the EU’s transition period in 2020.
Head of commercial and business development at Cboe Clear Europe expects the Euronext Clearing migration to have the most impact on the post-trade space in 2023.
Counting down the with third batch of The TRADE’s most read news stories over the past year, featuring Citi, Euroclear, Clearstream and DTCC.
Cécile Nagel confirmed she would be stepping down from her role as president of EuroCCP – now Cboe Clear Europe – in September.
Participants across Cboe Clear Europe, LCH, Eurex and Clearstream Banking S.A explore the post-trade trends of 2023.
LSEG has held a minority stake in Acadia, which provides risk management, margining and collateral services for the uncleared derivatives markets, since 2018.