LiquidityDrive data service to cover more than 460,000 global corporate and government bonds and combine executed trade settlement data with custody activity data.
New partnerships with Clearstream, Euroclear and Iberclear will provide a single point of access to minimise cross-border hurdles.
Advanced discussions are underway among EU regulators to propose a delay, The TRADE understands, though confirmation of this could still be months away.
Chris French will oversee business development for Euroclear in the UK and Ireland.
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’.