24 August 2017
visit www.avoka.com

Clearstream extends daytime processing to 13 hours

26 July 2005  |  1166 views  |  0 Source: Clearstream

Clearstream has extended its daytime processing period by up to two hours to 18:00 CET now covering 13 hours and at the same time has set new cash and securities deadlines.

Through these extended processing capabilities and improved deadlines customers benefit from enhanced liquidity in securities processing and from more flexibility for managing their cash.

The new continuous daytime settlement processing period extends through to 18:00 CET. As a result, three areas of deadline improvements have been achieved for internal instructions, securities instructions and cash instructions

Chief Operating Officer Matthias Ganz commented: "These improvements, delivered in line with Clearstream's commitment to efficiency and customer service, further increase the interoperability with domestic markets notably in the U.S. time zone. Customers will be able to achieve savings through significantly improved market access and more flexibility in cash and securities management."

Clearstream is the post-trade division of Deutsche Börse Group, the world's largest exchange operations company when measured by revenues. It offers a comprehensive settlement service for equities and bonds both domestic and cross-border and investment funds to a global customer base.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
20849 views comments | 43 tweets | 86 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
12023 views comments | 22 tweets | 35 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
11337 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
11163 views comments | 10 tweets | 8 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10854 views 0 | 7 tweets | 1 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job