SIX to offer clearing services for TP ICAP’s MTFs
Clearing of UK and EU multilateral trading facilities on SIX x-clear will allow TP ICAP members to improve their settlement efficiency.
Clearing of UK and EU multilateral trading facilities on SIX x-clear will allow TP ICAP members to improve their settlement efficiency.
The TRADE sits down with chief executive officer at SIX, Jos Dijsselhof, to discuss the exchange operator’s integration of BME, the European exchange competitive landscape and whether proposed changes to Mifid II will foster more competition in Europe.
Phase 6 of the Uncleared Margin Rules has been implemented today, with the regulation having the biggest impact on the buy-side yet. Industry experts react to the deadline, giving insights on where we stand today.
Users will be able to delegate their day-to-day operational collateralisation responsibilities to SIX.
Executives from LCH, SIX, EuroCCP and Eurex populated a panel at the PostTrade 360 event in Stockholm last week to discuss the current state of affairs in the UK and European clearing markets.
The new platform will provide benefits including continued enhancement of the IT infrastructure and reliability, and increased functionality and processing capabilities.
Market infrastructure operator has become the sole shareholder of REGIS-TR after acquiring 50% from Clearstream.
Sustainalytics becomes the first third party ESG specialist to join forces with SIX, with plans for more providers to be onboarded in the future.
The launch will initially include centrally cleared USD settled Bitcoin and Ethereum futures, with a launch date expected in Q3, subject to regulatory approval.
The exchange says without the effects of Worldline it would’ve seen a rise in group net profit of 37.3% on the previous year.