European Central Bank to join LCH RepoClear and Eurex’s repo market
The ECB has confirmed that it will make both moves in Q1 2026.
Post-Trade
Clearstream and the Saudi Tadawul Group partner to develop post-trade services in Saudi Arabia
Initial focus on a new Saudi collateral management service to enhance local market liquidity and automation.
Fireside Friday with… BNP Paribas’ Gary O’Brien
The TRADE sits down with Gary O’Brien, head of bank and broker segment strategy, securities services at BNP Paribas, to explore the upcoming shift to T+1 in Europe, how this may impact the industry, and look ahead to how this will align with further developments in the markets.
LSEG’s Post Trade Solutions to receive investment from 11 global banks
BNP Paribas, Deutsche Bank, JP Morgan and Morgan Stanley are among the banks taking a 20% ownership stake, in exchange for £170 million in the deal.
Euroclear extends instruction deadline ahead of UK’s T+1 shift
The update aligns with taskforce recommendation to improve market readiness.
‘The clock is ticking’ remind experts as the 24 month countdown to T+1 in Europe looms
With ValueExchange research in April revealing that 26% of firms surveyed indicated they would miss the target date, the UK Accelerated Settlement Taskforce is urging firms who have not begun preparing to do so now, reiterating that “rewards will be meaningful”.
Industrial and Commercial Bank of China joins LSEG’s LCH SwapClear as direct clearing member
Through the move, the broader Industrial and Commercial Bank of China (ICBC) Group will have full access to LCH SwapClear’s multi-currency clearing capabilities as it looks to bolster its presence in the international derivatives market.
Citi appoints futures and derivatives clearing vice president
Individual previously spent more than 11 years at BTIG, most recently as a vice president for outsourced trading.
Millennium Advisors adopts self-clearing model for fixed income market
The move is set to help the firm increase efficiency and navigate trading costs, and follows an uptick in non-traditional liquidity providers investing in automation across the fixed income market.
OSTTRA completes first compression of USD/CNH cross currency swaps
The swaps were cleared through HKEX’s OTC Clear service; the firm said the expansion bolsters its position in the post-trade optimisation sphere in Asia.