Tag: Clearing & settlement

Citi has launched an RVP/DVP settlement solution for cash and securities trades between investors and their brokers in the Shanghai-Hong Kong Stock Connect program.

The chairman of the top US derivatives regulator is in Brussels today armed with evidence to prove that his agency’s derivatives clearing regime is equal to that of Europe’s.

CME Group posted strong revenues and trading volumes across multiple asset classes and regions during the first quarter of this year.

Central reporting and clearing of OTC derivatives is getting under way, but Asia’s major hubs find western precedents a two-edged sword.

European regulators have granted equivalence to ten clearing houses operating in the Asia Pacific region allowing them to provide clearing services to the EU.

A new Stock Connect model for pre-trade checking accounts has been heralded by one custodian bank as making the service “there for the taking” for global institutional investors.

BNY Mellon has been fined a record £126 million for “failing to implement adequate organisational arrangements for safeguarding client assets”.

Societe Generale Prime Services has become a clearing member at ICE Clear Credit and ICE Clear Europe in order to provide clearing services for the credit default swap markets.

European exchange operator Euronext has selected Horizon Software for monitoring and pricing derivatives instruments in real-time and to calculate settlement prices on an intra-day basis.

LCH.Clearnet has named Steve Briscoe, formerly of RBS, as its new group head of technology and operations.