Euroclear extends instruction deadline ahead of UK’s T+1 shift
The update aligns with taskforce recommendation to improve market readiness.
The update aligns with taskforce recommendation to improve market readiness.
Dematerialised issuance to begin in 2026 as ICSDs introduce common data standard to streamline market processes.
Strong data standards and automation are key to a smooth T+1 shift, but adoption and enforcement can pose challenges, agreed experts at Euroclear’s Modernising Securities Markets conference.
European implementation should learn from key success factors from North America’s transition ahead of 11 October 2027 settlement, according to a report produced by Firebrand Research, Clearstream, DTCC and Euroclear.
The news builds on the firms’ ongoing collaboration from 2014; move will allow the bank’s treasury division to access RepoClear’s services.
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.
New development aligns with Euronext’s plan to expand its Italian repo clearing franchise to a wider range of European government bonds.
TCorp’s total investment value in Euroclear is $478 million.
Named Smart Markets, the new service claims to help enhance trading models and build informed strategies, alongside making data more interpretable.
With the expansion, Euroclear Bank will be able to boost operational efficiencies for market users and streamline collateral management.