Under the terms of MoU, CDS, CDCC and Euroclear are working together to develop an automated collateral management service for the domestic Canadian market
The technology platform will support the clearing and settlement of derivative instruments across various asset classes including futures and options contracts on indices, equity shares, commodities, currency, and rates
26 November 2020Luxembourg Reporter: Maddie Saghir
EBA Clearing’s RT1 platform has expanded its reach in Luxembourg with five new joiners including Banque et Caisse d’Epargne de l’Etat, Luxembourg and Banque Internationale à Luxembourg
The deal is dependent on LSEG being required to sell the Italian exchange as a condition of the European Commission’s clearance for its acquisition of Refinitiv, a global market data provider
Citi Securities Services has enhanced its trade and settlement automation for Taiwan equity clients with the launch of a host-to-host connection with the Taiwan Depository and Clearing Corporation
BNP Paribas Securities Services has been appointed to provide settlement services to Sanford C Bernstein in Austria, Germany, Italy, Turkey and Euroclear Bank
It was explained that forcing European banks or participants to clear their Euro trades in continental Europe “could split up the pools of risk and make it riskier and less efficient to complete clearing”
