DTCC’s FICC bolsters VaR calculator capabilities ahead of US Treasury clearing requirements
New developments will help improve users’ understanding of risk management and margin requirements.
Post-Trade
Commerzbank joins LCH ForexClear as clearing member
The move will allow Commerzbank to access to ForexClear’s margin, liquidity and netting opportunities as well as enhanced operational efficiency.
ION connects to FMX Futures Exchange to bolster execution and post-trade clearing
Development will allow banks and brokers using ION’s technology stack to offer clients advanced execution capabilities and clearing services on the newly launched exchange from day one.
Asset management association pushes for Europe to switch to T+1 in 2026
The Investment Association concludes UK, EU and Switzerland should transition to T+1 settlement on a date in Autumn 2026, advocating for an earlier move than most.
All signs point towards Europe aligning T+1 move with UK and Switzerland
A statement from ESMA comes a day after Task Force recommendations, claiming a coordinated approach across Europe is “desirable” while stressing the urgency in avoiding prolonging the negative impacts of settlement misalignment.
European T+1 Task Force acknowledges benefits of aligning with UK for transition in H2 2027
A new report emphasises the need for the EU to coordinate closely with the UK in H2 2027 for a switch to a T+1 settlement cycle, while also detailing the need for a maximum possible notice period for transition and a temporary suspension of cash penalties over the implementation period.
Inside the UK’s blueprint for the move to T+1 settlement
Some lessons have been learnt from the US, while in other ways the UK will blaze its own trail with regards to supervisory and adjacent practices such as FX and lending. Claudia Preece reports from an exclusive roundtable discussion with the chair of the UK Accelerated Settlement taskforce, Andrew Douglas.
UK T+1 taskforce publishes recommendations ahead of proposed 2027 switch
Technical group stresses the need for automation ahead of the implementation process, urging market participants to begin automating as soon as possible.
The TRADE announces Leaders in Trading awards shortlists for London event
Algorithmic Trading, Execution Management Systems, and Editors’ Choice Awards announced today with Buy-Side Awards set to follow later this week.
UK settlement taskforce pencils in October 2027 for T+1 switch
Alignment with the EU ‘not a prerequisite’ for the UK’s move to a shortened settlement cycle, chair of the taskforce’s technical group says.