Post-Trade

The benchmark compression cycle via the triReduce service took place on 22 October at LCH SwapClear.

The latest delay will push the DLT post-trade project at ASX back to April 2023, as the exchange again cites COVID-19 as a cause. 

UK and US derivatives watchdogs sign MOU to establish new framework for overseeing international clearing houses.

SGX clients will have access to consolidated intra-day information in a single dashboard to automate and standardise its end-to-end collateral workflow. 

The loans will be provided to 16 EU member states under the SURE programme to help finance increased national expenditure relating to work schemes and other short-term measures.

The new service is powered by Elastic, where Deutsche Bank will use its machine learning and anomaly detection features.

Baton Systems will deploy its platform across treasury processes at Citi to automate rules for the movement of collateral.

LCH continues to expand membership of CDSClear and its client clearing franchise with Bank of America the latest institution to go live as a clearing broker.

Previous investors JP Morgan, Citi and Goldman Sachs also contributed to the round, taking the total raised by AccessFintech to $37 million since 2018.

Traders can now choose LCH EquityClear as their preferred CCP for Euronext stocks traded on Cboe Europe’s UK order books.