SGX unveils new securities settlement system
Singapore exchange to launch new securities settlement and depository framework on 10 December.
Post trade
LCH gains regulatory approval to clear FX NDFs in Japan
Japan’s FSA grants approval for LSEG’s LCH to clear FX non-deliverable forwards in the country.
SGX and national regulator develop tokenised asset settlement
The Monetary Authority of Singapore and Singapore Exchange developed two Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.
Eurex targets OTC FX and repo clearing with expansion of partnership profit scheme
Commerzbank, Deutsche Bank, JP Morgan and Morgan Stanley will sign up as early adopters of OTC FX clearing within the profit sharing scheme.
Post-trade providers stepping up as passive shift ‘jeopardises entire intermediary infrastructure’
Discussions around data helping illiquid instruments trade more effectively conjure up worries about what the future of passive investing and what it means for post-trade providers.
LSEG ups majority stake in LCH
Several shareholders will sell their entire stakes in LCH, including Deutsche Bank, Nasdaq and Nomura.
EU derivatives market valued at €660 trillion
Steven Maijoor says EMIR clearing obligation is working as data shows derivatives clearing rates are increasing significantly.
DTCC builds DLT settlement prototype that can process 100 million trades per day
DTCC, Accenture, Digital Asset and R3 teamed up to build a US equity clearing and settlement system prototype.
LCH SA to clear Euronext stocks traded on Turquoise
LSEG announced plans to adds Euronext Growth stocks to its Turquoise MTF last month.
Societe Generale deploys reconciliation and data control system from Duco
Investment bank to automate reconciliation processes across all business areas through new reconciliation and data control systems.