All clearing and settlement news

Fragmented data at root of settlement fails, say SIBOS panellists

17 October 2022 Netherlands
Reporter: Lucy Carter

The comments came from a panel entitled ‘Tackling the root of securities settlement fails’, with participants trying to establish the cause of dropped global settlement efficiency rates

The industry should look beyond T+1, SIBOS panellist says

17 October 2022 Netherlands
Reporter: Lucy Carter

The comment came from a panel entitled ‘Is T+1 the goal or a step to instant securities settlement?’, where the pervasive question of when Europe would move to a T+1 settlement cycle was unpacked

NSCC goes live with SFT clearing service

13 October 2022 US
Reporter: Lucy Carter

The service supports the central clearing of SFTs, both between NSCC full-time members and intermediated by NSCC sponsoring members or agent clearing members

HSBC picks Clearstream for post-trade services

10 October 2022 Luxembourg
Reporter: Lucy Carter

The partnership will provide HSBC’s markets and securities business with support for fund order routing, safekeeping, settlement and distribution support services

Settlement fails remain a pressing concern, say AFME panellists

04 October 2022 UK
Reporter: Lucy Carter

It’s too soon to think about T+0 in Europe, said panellists at AFME’s inaugural Operations, Post-Trade, Technology & Innovation Conference

Reserve Bank of Australia “disappointed” by delay to ASX’s CHESS go-live date

03 October 2022 Australia
Reporter: Jenna Lomax

The Reserve Bank of Australia (RBA) is “disappointed” by the most recent delay to the go-live date for the Australian Securities Exchange’s (ASX’s) CHESS replacement

SWIFT pilots Securities View to boost post-trade efficiency

28 September 2022 Brussels
Reporter: AST

Service applies an ISO-standard unique transaction identifier to track progress across the trade lifecycle, enabling market participants to identify trades with high risk of settlement failure and to take pre-emptive action