Euronext begins testing phase for pan-European CSD expansion
BNP Paribas, Citi and CACEIS back initiative to streamline settlement and custody across EU markets.
BNP Paribas, Citi and CACEIS back initiative to streamline settlement and custody across EU markets.
The move will complement OSTTRA’s existing solutions, which include buy-side trade processing, and will provide clients with greater access to automated, real-time oversight and streamlined operations.
Bourse de Casablanca’s launch is set to support the development of Morocco’s financial ecosystem, and will initially support futures contracts on the MASI.20 index, with further instruments set to follow in the future.
Move is set to enable multilateral netting across FX transactions, and marks an expansion of CLS’ PvP settlement offering.
The proposals span post-trade transparency and simplified reporting concerns, and follow the FCA’s recent consolidated tape and transaction reporting consultations, which closed in February 2026.
ABN AMRO Clearing Bank, Nomura and Standard Chartered are also integrated onto the platform; Marex’s addition follows increasing institutional demand for secure, regulated access to digital assets across the industry.
Industry roadmap highlights multi-phase testing, weekend simulations and heavy reliance on coordination across CSDs, CCPs and custodians to avoid settlement disruption.
Developed with a consortium including Barclays, BNP Paribas, Citi and JP Morgan, the platform seeks to streamline cleared and bilateral workflows.
The partnership will enable tokenised securities executed on the venues to settle through the distributed ledger-based infrastructure.
New interfaces aim to give firms clearer visibility into clearing, settlement and post-trade activity.