24 January 2018
visit www.ebaday.com

Clearnet sets October 2002 deadline for Amsterdam Clearing 21 migration

20 December 2001  |  2873 views  |  0 Clearnet sets October 2002 deadline for Amsterdam Clearing 21 migration

Clearnet has set 25 October 2002 as the target date for implementation of Clearing 21 as the new clearing platform for cash markets in Amsterdam.

The migration of the participants in Amsterdam to C21 is an important step of the move to a single clearing platform for all Clearnet members in Amsterdam, Brussels and Paris on their cash transactions.

In Brussels, migration to C21 will take place on 1 March 2002.

The Clearing 21 platform allows the processing of transactions from all markets in real time using a single tool and enables multilateral netting of positions. The system is currently used on US derivative markets and on derivative and cash markets in Paris.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

EuroCCP ready for cross-border clearing at Nasdaq

EuroCCP ready for cross-border clearing at Nasdaq

03 December 2001  |  3457 views  |  0 comments
Clearnet delays Belgian CCP switch

Clearnet delays Belgian CCP switch

26 November 2001  |  3107 views  |  0 comments
London Clearing House names Robins and Pritchard as non-execs

London Clearing House names Robins and Pritchard as non-execs

23 November 2001  |  3015 views  |  0 comments
London Clearing House gets green light from US regulators

London Clearing House gets green light from US regulators

05 November 2001  |  3055 views  |  0 comments
ECB to develop industry standards for clearing and settlement

ECB to develop industry standards for clearing and settlement

25 October 2001  |  3485 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukvisit www.capgemini.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
10066 views comments | 38 tweets | 49 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8682 views comments | 17 tweets | 11 linkedin
Could distributed ledgers restore the reputation of the MBS market?Could distributed ledgers restore the repu...
7221 views comments | 6 tweets | 9 linkedin
Blockchain security startup Ledger scoops £56 million funding roundBlockchain security startup Ledger scoops...
7063 views comments | 10 tweets | 11 linkedin
Westpac launches iMessage app following PayKey blockageWestpac launches iMessage app following Pa...
6826 views comments | 9 tweets | 3 linkedin

Featured job

Find your next job