Euroclear and HSBC launch automated FX service ahead of T+1 shift
AutoFX will embed FX execution directly into the settlement process, automatically sourcing the currency needed to settle a trade.
AutoFX will embed FX execution directly into the settlement process, automatically sourcing the currency needed to settle a trade.
The French bank joins a consortium of global banks investing in the post-trade infrastructure provider.
UK Accelerated Settlement Taskforce chair Andrew Douglas says the UK’s second-mover advantage should not lead firms to underestimate the work required, as T+1 is increasingly being viewed as an opportunity to redesign the back office.
The integration is set to boost ABN AMRO Clearing’s current client offering for around-the-clock trading and follows increasing momentum from global firms and exchanges to shift to 24/5 models.
Connection expands access to Swiss and Spanish markets and marks CMU OmniClear's entry into equity post-trade services.
As part of the Digital Gilt Instrument (DIGIT) pilot issuance, HSBC and LSEG have signed a memorandum of understanding to deliver a bilateral Digital Securities Depository link.
Investment targets improvements in SSI data quality, governance and automation across post-trade workflows.
In a joint letter, Cboe, AFME, EBF, EFAMA and EPTA urge policymakers to make mandatory cash equity CCP clearing interoperability a key pillar of MISP to support the creation of “a truly competitive and integrated European capital market,” The TRADE understands.
The move follows the launch of the DTCC’s industry-wide testing phase for 24/5 trading in January 2026, and aligns with wider efforts to expand to extended trading models across the US equities market.
The past week has seen various moves across equities and FX.