Six swap dealers have adopted the service which aims to streamline reporting and collateral settlement processes.
FTSE Russell and LCH OTC continue to drive revenues at LSEG but pivot towards investment means missed cost and margin targets in 2019.
Euroclear’s London-based CSD to settle Irish securities in a ‘no-deal’ Brexit scenario after agreement with ESMA and the Bank of England.
UK exchange group acquires 4.92% stake in Euroclear as two look to work together on commercial collaboration and product development.
The data business at Euroclear joins Algomi’s other investors, S&P Global, Euronext and AllianceBernstein.
Nasdaq, EuroCCP, Euroclear and ABN AMRO Clearing use blockchain for collateral processes in ‘breakthrough for CCP model’.
Euroclear announced plans for a new Irish CSD as it continues its preparation for the UK’s exit from the EU.
The DTCC-Euroclear margin transit utility (MTU) service was initially set to launch in 2015 but has been hit by a number of delays.
CTO Mostrey to take over top role next year.