Post-trade & ops

3774 articles tagged with this keyword

/markets

DSB calls for industry input on OTC derivatives identifier

The Derivatives Service Bureau (DSB), the golden source of reference data for Over-the-Counter (OTC) derivatives, has released the schedule for the 2024 industry consultation relating to the OTC International Securities Identification Number (ISIN), Unique Product Identifier (UPI) and Classification Financial Instrument (CFI) service provisions.

/wholesale

Euroclear invests in blockchain company

Post-trade group Euroclear has acquired a stake in Iznes, a pan-European, blockchain-based network within the asset management market.

/markets

ASX consults on proposed replacement for Chess clearing and settlement system

Today ASX released a public consultation paper calling for feedback on the two-stage approach it has proposed for the delivery of CHESS replacement, as well as the proposed implementation plan for the clearing service, which is to be delivered in the first release.

/crypto

Institutional players back digital asset clearing house ClearToken

ClearToken, a London-based clearing house for global digital assets, has secured a $10 million funding round with support from Laser Digital, the digital asset subsidiary of Nomura, several global liquidity providers including Flow Traders and GSR, and leading digital asset firms LMAX Digital and Zodia Custody.

/markets

Trading Technologies closes ATEO acquisition

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services. Terms of the transaction were not disclosed.

/markets

DTCC tells market participants to get ready for T+1

"With the U.S. transition to a T+1 settlement cycle less than three months away, market participants must accelerate their preparations with a focus on enhancing operational efficiencies, including the achievement of same-day affirmation.

/markets

Vermiculus to build central core for clearing houses in Chile, Colombia and Peru

nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.

/people

Frank Seibold joins Pirum as head of commercial development

Pirum Systems, a global leader in automated post-trade services, has appointed Frank Seibold as Head of Commercial Development, Americas.

/markets

Goldman Sachs achieves 99% same day affirmation Rate via DTCC’s CTM Match to Instruct workflow

DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that Goldman Sachs & Co. LLC has achieved a greater than 99% same day affirmation rate and a significant improvement in settlement rates for transactions leveraging CTM’s Match to Instruct (M2i) workflow in Q4 2023.

/Post-trade & ops

Trading Technologies expands into clearing with acquisition of ATEO

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced a definitive agreement for TT to acquire ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services.

/markets

EquiLend services knocked out by cyber-attack

EquiLend has warned clients that services could be down for several days after the securities lending trading platform was hit by a cyber-attack.

/markets

EquiLend to be acquired by PE firm WCAS

EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).

/markets

Broadridge releases GenAI tool for cutting settlement fails

Broadridge has launched a ChatGPT-style Large Language Model for streamlining back office operations and cutting settlement fails.

/markets

Arentina's CSD adopts Nasdaq technology

Caja de Valores, Argentina’s Central Securities Depository (CSD), today announced it has launched a new technology platform using Nasdaq’s CSD technology.

/markets

Davy Capital Markets deploys Torstone post-trade platform

Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, is pleased to announce that Davy Capital Markets, Ireland's leading capital markets firm and a member of the Bank of Ireland Group, has gone live on the Torstone Post Trade Platform.

/markets

Each responds to Esma call on shortening settlement cycles

EACH responds to the ESMA Call for evidence on shortening settlement cycles.

/markets

FinClear deploys Eventus for equities post-trade surveillance

Eventus, a leading global provider of state-of-the-art, at-scale trade surveillance software across all lines of defense, and FinClear, Australia’s leading provider of trade execution and third-party clearing services, today announced that FinClear has deployed Eventus’ Validus platform for trade surveillance and post-trade monitoring.

/wholesale

LCH ForexClear and Quantile launch FX clearing service

Quantile and LCH ForexClear, both LSEG Post Trade businesses, today announced they have delivered the market’s first FX Smart Clearing service.

/markets

IPC adds European derivatives exchange to market data coverage

IPC, a leading provider of electronic trading, trading communications and ‘as a service’ infrastructure solutions, has added a European derivatives exchange to its expanding portfolio of connected exchanges and trading venues.

/wholesale

ASX turns to Tata to replace Chess system

The Australian Securities Exchange (ASX) is planning to turn to a third party to replace its ageing clearing and settlement system.