Post-Trade

HKEX’s derivatives clearing arm OTC Clear has completed the first client trade via client clearing.

Optimisation services provider Quantile has expanded its platform to include cleared interest rates following first run with LCH.   

David Pearson has previously spent 25 years at Fidessa working on post-trade strategy, and joins the product team at Torstone Technology.

ESMA and the FCA have urged trading venues and CCPs to prioritise continuity of their services as the open access regime comes into force in early July. 

CLS expands list of settlement members for its combined cross-currency swaps service with IHS Markit, as Goldman Sachs becomes the latest to sign up.

Clearing houses have been urged to consider how they can avoid and mitigate risks resulting in non-default losses.

Eurex Clearing has cleared its first inflation swap transactions, with BNP Paribas, UniCredit and Societe Generale the first to submit trades.

The report from the UK central bank found that financial firms are spending upwards of $20 billion a year on post-trade processing systems alone.

Major partnership will provide mutual buy-side clients a real-time settlement solution, in the first of a series of ongoing front-to-back integration points between the two firms.

Northern Trust has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership a key component of the plan.