Operations

Dion Adds Tool to Nova for Stock Connect

Dion Global Solutions has announced the launch of a module that allows clients in Hong Kong to process cross-border trades more efficiently, in support of the Shanghai-Hong Kong Stock Connect programme.

China Opens Up Capital Markets with Hong Kong Connection

With the impending launch of the Shanghai–Hong Kong Stock Connect program, China has begun allowing foreign investment into its capital markets to an unprecedented degree. But what does this mean for institutional investment firms, and are there still…

Poland Switches to T+2

The Central Securities Depository of Poland (KDPW) has shortened its settlement cycle to T+2, or two days after trade date, as of today.

Esma Consults on NDF Clearing

The European Securities and Markets Authority (Esma) has opened a consultation on the clearing of foreign-exchange (FX) non-deliverable forwards (NDFs).

Nasdaq OMX Implements T+2 in Nordic and Baltic Markets

Nasdaq OMX is set to migrate to a shortened settlement period of T+2, where the settlement of securities transactions typically takes place two days after trades are executed, for securities traded on the Nasdaq OMX Copenhagen, Helsinki, Iceland,…

Soc Gen Unveils Buy-Side Outsourcing Service

Société Générale Securities Services (SGSS), a subsidiary of Paris-based multinational banking and financial services firm Société Générale, has launched an integrated wealth and investment management outsourcing service for the UK. Aimed at mid-tier…

CME Clearing Europe Selects globeSettle

The Chicago Mercantile Exchange (CME) Group has chosen globeSettle as a collateral location venue for its central counterparty (CCP), CME Clearing Europe.

SEC Taps SmartStream for Reconciliations Data

The US Securities and Exchange Commission (SEC) has selected SmartStream's TLM Reconciliations Premium and SmartRecs products to enhance its front-line oversight division's capabilities.

BME's CCP Gains EMIR Authorization

The Comisión Nacional del Mercado de Valores (CMNV) has given authorization to BME Clearing, in line with obligations from the European Market Infrastructure Regulation (EMIR).

BGC's SEF Connects with Traiana CreditLink

BGC Partners has announced that its swap execution facility (SEF), BGC Derivatives Markets, can now utilize pre-trade credit checks at Traiana's CreditLink facility, before passing on trades for third-party clearing.

Trustron Adopts Omgeo CTM

South Korea-based Trustron Asset Management has selected Omgeo Central Trade Manager (CTM) to handle its domestic post-trade equities activity, the firm has announced.