Depositories

684 articles tagged with this keyword

/Depositories

ECB sets T2S framework agreement deadline; UK looks to opt out

The European Central Bank has set an October deadline for its final offer to central security depositories (CSDs) on a framework agreement for the Target2Securities (T2S) system. However, the UK now seems certain to turn its back on the project.

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T2S connectivity licences come up for grabs

Europe's central banks have begun the process of picking network service providers for the Target2Securities (T2S) system, with telecoms firms expected to challenge inter-bank co-operative Swift for the two licenses up for grabs.

/Depositories

Dodd-Frank will push 60% of OTC volumes to central clearing

The Dodd-Frank Act will lead to around 60% of current US over-the-counter (OTC) derivatives market by volume being cleared centrally, according to Citi.

/Depositories

Swift and DTCC score big data management mandates

Financial messaging network Swift and the Depository Trust and Clearing Corporation (DTCC) have won two separate industry data management mandates, for the development of a Legal Entity Identifier (LEI) utility and electronic foreign exchange repository.

/Depositories

CFTC sets out new market manipulation rules

The Commodity Futures Trading Commission is to push ahead with a tranche of new rules governing market manipulation and large trader reporting under the Dodd-Frank financial reform act.

/Depositories

OTC dealers win reprieve as EU Parliament delays reforms; banks lobby for US/EU convergence

The European Parliament has postponed implementation of new rules designed to improve transparency in over-the-counter trading, mirroring a similar slowdown in US financial market reforms under the Dodd-Frank Act.

/Depositories

LCH.Clearnet poised to make Australia move

London-based clearinghouse LCH.Clearnet looks set to take advantage of recent regulatory changes and move into the Australian market, taking on ASX Clear.

/Depositories

Nyse Euronext postpones LCH.Clearnet termination plans as M&A proposals play out

Nyse Euronext has postponed plans to terminate its clearing contract with LCH.Clearnet, leaving the door open to a longer-term agreement as consolidation trends grip the industry.

/Depositories

LSE to provide tech for new Central and Eastern Europe CCP infrastructure

The London Stock Exchange has won a contract to provide the technology platform for a new cross-market central counterparty infrastructure in Central and Eastern Europe.

/Depositories

LCH.Clearnet swept up in global exchange M&A battle

Independent clearing house LCH.Clearnet has emerged as a prized asset for global exchanges gripped by M&A fever, with the clearer confirming that it has received numerous takeover or merger approaches over the past six weeks.

/Depositories

Derivatives legislation moves nearer in Europe; could face delays in US

A European Parliament committee has given its backing to legislation that will see more derivative trades settled through clearing houses. Meanwhile, on the other side of the Atlantic, US lawmakers have moved to delay the implementation of their own new derivatives rules.

/Depositories

LCH.Clearnet and X-Clear get FSA approval for interoperability

European clearing house interoperability has moved a step nearer after the UK's FSA approved new arrangements between LCH.Clearnet and Switzerland's X-Clear.

/Depositories

LME proposal for self-clearing jolts LCH.Clearnet

The London Metal Exchange has announced proposals to consider building its own clearing house, jolting its current supplier LCH.Clearnet.

/Depositories

EC launches antitrust probe into CDS market

The world's biggest investment banks are being investigated in two European Commission antitrust probes into the credit default swaps (CDS) market.

/Depositories

DTCC kicks off corporate actions pilot; legacy formats to be switched off by 2015

The Depository Trust and Clearing Corporation says it will shut off corporate actions processing for all legacy file formats in 2015, as it begins testing of new ISO 20022 announcement messages with five user firms.

/Depositories

Canadian and US clearing firms explore swap link

The Canadian Derivatives Clearing Corporation (CDCC) has inked a memorandum of understanding with New York Portfolio Clearing (NYPC) to build a link for the Canadian swap market.

/Depositories

Central clearing for OTC derivatives 'unlikely to reduce systemic risk' - IMF paper

Regulatory moves to force OTC derivative trades to go through central counterparties could just shift systemic risks to these CCPs and lead to more tax payer bailouts, according to a working paper published by the IMF.

/Depositories

ISDA issues RFP for commodity derivatives trade repository

The International Swaps and Derivatives Association (ISDA) is calling for the creation of a commodity OTC derivatives trade repository by January.

/Depositories

CME to start European clearing in May

The Chicago Mercantile Exchange is set to start clearing over-the-counter derivatives in Europe in May.

/Depositories

LCH.Clearnet opens SwapClear FCM service; CFTC meets opposition to swap execution timetable

Europe's LCH.Clearnet has launched its clearing service for non-bank users of interest rates swaps in the US, with twelve futures commission merchants (FCM) onboard.