Euronext Clearing joins Baton Systems’ Core-Collateral Network
With the addition of Euronext Clearing, Baton’s CCP coverage now includes 96% of initial margin worldwide (as per Public Quantitative Disclosures).
With the addition of Euronext Clearing, Baton’s CCP coverage now includes 96% of initial margin worldwide (as per Public Quantitative Disclosures).
Individuals from Bloomberg, Tradeweb, and Baton Systems explore what’s next for fixed income in 2025 including the growth of credit index futures, technological innovation, advancements in data, and clearing.
The TRADE sits down with Arjun Jayaram, chief executive at Baton Systems, to discuss growing post-trade inefficiencies, how firms are adapting to T+1 and the impacts of market volatility on liquidity management processes.
New tools claim to reduce intraday liquidity buffers and help meet prudential intraday liquidity obligations.
Clearing members will receive normalised data from Baton directly from the CCP, enhancing efficiency and enabling members to receive real-time balances.
New service will be delivered on distributed ledger technology (DLT) from Baton Systems and will help increase market-wide access to PvP, addressing FX settlement risk concerns.
Clients of JP Morgan will be able to access an automated collateral optimisation process for cleared derivatives across 13 CCPs globally.
Report by the association has found that T+1 could put pressure on funding of securities transactions involving FX.
The past week saw appointments from RBC, Baton Systems and BMLL.
New head brings considerable experience in payments and cash management to the firm, having served at banks including Citi, ABN AMRO, RBS and Barclays.