U.S. Bank becomes third member to join CLSSettlement this year
The move also makes the firm, which is the fifth largest bank in the US, the service’s seventy-sixth settlement member.
Post-Trade
Nearly half of buy-side and proprietary trading firms open to self-clearing, report reveals
According to Acuiti and FIS’ recent study, the upcoming SEC’s US Treasury clearing mandate is a key driver behind a growing industry interest in self-clearing.
Settlement failure costs could soar into the billions under T+1 without automation and strong data standards
Strong data standards and automation are key to a smooth T+1 shift, but adoption and enforcement can pose challenges, agreed experts at Euroclear’s Modernising Securities Markets conference.
SIX and Swiss Post-Trade Council issue T+1 recommendations for Switzerland and Liechtenstein migration
A market consultation is open until 10 October 2025, ahead of an industry event hosted by SIX on 23 September 2025 to present the roadmap.
TS Imagine enters the securities lending space as part of wider prime brokerage push
Acquisition of a Tier 1 bank’s securities lending platform sees launch of front-to-back, multi-asset solution for stock loan, repo and collateral management for the buy- and sell-side.
JP Morgan and BNP Paribas adopt DTCC’s tri-party matching workflow
Prime brokers streamline post-trade processes ahead of Europe’s T+1 settlement transition in 2027.
BME launches European-style cash-settled options
The listing includes the first contracts spanning Banco Santander, Banco Sabadell, BBVA, Endesa, Iberdrola, Inditex, Repsol, and Telefónica.
The T+1 Thursday conundrum pushing instantaneous settlement on traders
Following a similar issue with the US move to T+1, the second iteration of Thursday conundrum for ETFs trades has emerged as divergent settlement systems around the globe continue to cause headaches for traders.
OSTTRA onboards Eurex Clearing onto optimisation service
The move marks a further expansion of the service’s current clearing house coverage, which also includes LSEG’s LCH, CME Clearing and Japan Securities Clearing Corporation (JSCC).
OTP Bank becomes CLSSettlement’s seventy fifth settlement member
The Hungarian bank is the second settlement member to join the firm this year, following the re-addition of ABN AMRO in June.