Tag: Clearing & settlement

The market was shocked that European regulators dropped mandatory clearing of non-deliverable forwards, so what now for FX trading?

BNY Mellon has halted further investment into its Belgium-based central securities depository (CSD).

Buy-siders at this year’s Euroclear Collateral Conference have said they are not clearing OTC derivatives in Europe until regulators make it mandatory.

A new EU regulated marketplace for collateral and secured deposits, aims to go live in the last quarter of 2015, with Euroclear acting as the platform’s tri-party agent in Europe.

A new report has shown large disparities between buy- and sell-side firms in terms of the development of their collateral management processes.

The buy-side are set to become increasingly involved in repo trading as the market moves more towards clearing, according to industry experts at the Euroclear Collateral conference in Brussels.

The chief executive of Wall Street’s derivatives trading body believes a failure to agree on clearing house equivalence and margin rules between European and US regulators could cause further fragmentation in the swaps market.

Nomura has joined the growing list of brokers to pull out of providing OTC clearing services due to continued regulatory uncertainty.

Proposed sub-custody segregation rules for alternative investment fund assets could have a significant impact on pension funds’ and insurance companies’ collateral management and securities lending, according to BNY Mellon’s Ross Whitehill.

Singapore’s GIC Private, one of the world’s largest sovereign wealth funds, has adopted Omgeo ALERT in order to improve post-trade operational efficiencies.