Intercontinental Exchange sells its stake in Euroclear to Silver Lake
Global exchange group sells investment in Euroclear three years after doubling stake.
Global exchange group sells investment in Euroclear three years after doubling stake.
The approach will allow clients to choose and connect to their preferred service providers, with the ability to select products and services best suited to their needs.
New platform offers trading cost analysis and best execution in corporate, agency, government and supranational bonds to both the buy- and sell-side.
Following the integration, clients now have direct access to Itiviti’s NYFIX Matching automated trade allocation, confirmation, and affirmation capabilities.
Fully digital post-trade platform set to bring same-day-issuance and paperless, automated straight-through processing for the entire value chain of issuance, custody, settlement, and asset servicing for digital securities.
Outline of benefits and possibilities follows up on claims earlier this year that central clearing of US Treasury transactions can reduce risk and improve resiliency.
New development will deliver clearing certainty during the Asia Pacific morning for SwapClear’s regional members and clients, including the Australia market, said LCH.
Winners of this year’s Editors’ Choice Awards will be announced on 4 November during The TRADE’s gala awards night in London.
The Taiwanese bank has gone live as a client clearing FX derivatives using the ForexClear service at LCH with UBS acting as the clearing broker.
Lobbyists highlight concerns around the market impact of simultaneous close-out of positions at UK CCPs, market fragmentation and lack of liquidity at EU CCPs, and increased costs.