Post-trade & ops

1194 articles tagged with this keyword

/payments

ECB likely to delay T2-T2S consolidation project

The European Central Bank looks set to delay the consolidation of the Target2 real-time gross settlement mechanism with the T2S securities settlement platform after consultations with market participants.

/markets

EC opens antitrust probe into LSE-Refinitiv deal

The European Commission has opened an in-depth antitrust investigation into the London Stock Exchange's planned $27 billion takeover of financial data vendor Refinitiv.

/regulation

Securities depositories call for delay to settlement discipline regime

The European Central Securities Depositories Association (ECSDA) is calling for a one year delay to the implementation of the settlement discipline regime (SDR), and settlement penalties in particular, because of Covid-19.

/cloud

UBS leads $17.5m funding round for voice trading tech supplier Cloud9

Cloud9, a New York-based supplier of voice trading software, has raised $17.5 million in a Series B funding round led by UBS and joined by existing investors JP Morgan and Barclays.

/markets

Australia reshuffles blockchain committee

The Australian Stock Exchange (ASX) has been recruited to serve on an advisory panel of technology experts designed to build support for blockchain technology over the next five years.

/crypto

Tokenise launches regulated digital exchange

A digital securities exchange, Tokenise, has collaborated with post-trade service provider GMEX to launch a regulated digital exchange.

/markets

JPMorgan and Bloomberg bid to streamline post-trade processes

JPMorgan and Bloomberg have come together to streamline post-trade services for buy-side institutions.

/markets

DTCC experiments with asset tokenisation and DLT

The Depository Trust and Clearing Coporation has unveiled two new projects, codenamed 'Ion' and 'Whitney', to experiment with asset digitalisation, distributed ledger technology and asset tokenisation for post-trade settlement in the public and private markets.

/markets

OCC taps DLT for securities lending infrastructure

Equity derivatives clearing organisation OCC has selected Axoni to help it replace its securities lending infrastructure with distributed ledger technology.

/regulation

Citi spins off proxy voting platform to industry consortium

Citigroup is spinning off its electronic proxy voting platform Proximity to a consortium of banks who are backing the new venture with $20.5 million in fresh capital.

/payments

Italian banks go live on Spunta Banca DLT platform

A group of Italian banks has gone live with a distributed ledger technology-based system for the reconciliation of reciprocal accounts.

/markets

Euronext strengthens post-trade outlook with VP Securities swoop

Euronext is to acquire 70% of the shares of Danish post-trade utility VP Securities from its existing owners, the Danish Central Bank and four major institutions, Danske Bank, Nykredit, Nordea and Jyske Bank

/markets

ASX rips up go-live timetable for Chess replacement system

The Australian Securities Exchange is to delay the implementation of its long-awaited Chess replacement system due to the uncertainty created by the unfolding Covid-19 pandemic.

/markets

ING invests in securities lending platform HQLAx

ING has invested in securities lending platform HQLAx, which went live in December 2019.

/Post-trade & ops

Robinhood outage sees customers threaten class action

Threats of legal action are emerging across trading app Robinhood’s 10 million customer base, following a 17-hour outage on the day the stock market gained $1.1 trillion.

/regulation

Piercing the LIBOR veil: Concern brews over looming deadline

While financial institutions across the market remain outwardly confident about their LIBOR transition strategy, uncertainty continues to surround the feasibility of achieving the migration within proposed deadlines.

/Post-trade & ops

FCA reports a drop in suspicious transactions

The number of suspicious transaction and order reports (STORs) recorded by the UK's Financial Conduct Authority (FCA) has reduced for the first time since records began in 2016

/Post-trade & ops

Credit Suisse and Instinet first to settle US equities on Paxos blockchain

Credit Suisse and Instinet have begun settling US securities on a bockchain-based post-trade platform supplied by Paxos.

/Post-trade & ops

National Stock Exchange of Australia to take on ASX with blockchain-based settlement system

The National Stock Exchange of Australia is to go head-to-head with the country's leading securities exchange ASX in a joint venture project to introduce a blockchain-based clearing and settlement system.

/Post-trade & ops

DTCC calls for industry-wide push to handle DLT security risks

The US Depository Trust and Clearing Corporation is floating the idea of forming an industry consortium to develop a coordinated strategy for addressing security risks in the implementation of distributed ledger technology in financial services.