ADX launches new market structure to bolster Abu Dhabi investment landscape
Two new post-trade subsidiaries have also been announced, helping support the securities markets.
Post-Trade
CME Group and DTCC expand cross-margining arrangement
The move aims to help users access capital efficiencies available when trading US Treasury securities and CME Group interest rate futures that have offsetting risk exposures.
T+1 will release £1 billion of margin in the UK, says BoE
Bank of England’s director for financial market infrastructure highlights the reduction of costs and risks in shortening the settlement cycle.
FCA welcomes UK taskforce final report on the move to T+1
Following the taskforce report published on 6 February, the FCA is calling on the industry to engage and start planning as soon as possible.
LSEG appoints head of post-trade Japan and post-trade solutions for APAC
New appointment has previously held senior positions at Morgan Stanley MUFG Securities and at the Development Bank of Japan.
Euroclear to participate in the UK’s digital securities sandbox
This initiative, led by the Bank of England (BoE) and the UK's Financial Conduct Authority (FCA), aims to promote innovation by enabling regulated digital securities trading and settlement.
Euronext collaborates with Euroclear to bolster collateral management offering
New development aligns with Euronext’s plan to expand its Italian repo clearing franchise to a wider range of European government bonds.
UK taskforce publishes blueprint for T+1 transition
The Code of Conduct includes critical and recommended actions, along with suggested timelines and behavioural commitments surrounding compliance and automation.
LSEG global head of investment management and execution solutions joins Broadridge
Individual has previously served at: Redi, TradingScreen, HSBC Global Banking and Markets, BNP Paribas, Deutsche Bank, and the London Stock Exchange Group (LSEG).
Delta Capita to deliver post-trade OTC derivative services for HSBC
To further support clients worldwide, Delta Capita has also expanded its operational footprint through the establishment of hubs in Kuala Lumpur and Manila.