The post-trade systems of derivatives clearing banks performed significantly better during the volatility of the first quarter in 2022 compared to during the beginning of the COVID-19 pandemic, despite being tested with higher volumes
Deutsche Bank, Mashreq and Standard Chartered are to onboard CLSNet, CLS’s standardised, automated bilateral payment netting calculation service for approximately 120 currencies
The new NSCC SFT clearing service will support the central clearing of clients’ SFTs intermediated by sponsoring members or agent clearing members, as well as the central clearing of SFTs between NSCC full-service members
BNP Paribas Securities Services has conducted a technical proof of concept for mutual fund transactions on technology provider fundsonchain's settlement platform
SIX has launched a new clearing platform for the Nordic Markets to enable the clearing of 10 million trade legs per day, with SIX expecting an increase in the number of cleared trades going forward
DTCC has blocked Russian securities from the Bank of Russia and The Ministry of Finance of the Russian Federation in response to the Russian invasion of Ukraine
US regulator votes for clearing and settlement amendments, including T+1 settlement, same-day affirmation and improved STP rates. It asks, through public consultation, whether the market is now ready for next-day or same-day settlement