BME Launches Securities Solutions

The BME expands its post-trade, clearing and depository services.

bolsa-madrid-bolsas-y-mercados-espanoles-bme
BME is the operator of all stock markets and financial systems in Spain.

The Bolsas y Mercados Españoles (BME) expanded its post-trade, clearing and depository services and launches BME Securities Solutions ahead of the Spanish Market Reform and Target 2 Securities (T2S) implementation.

As the settlement lifecycle is expected to change in Q4 2015 as part of the implementation of the Spanish Market Reform, BME will provide a platform that will allow its members to access its central counterparties (CCPs), its BME Clearing service, and its Central Securities Depository (CSD), Iberclear. The platform will help members with transaction monitoring and management of settlement and registration. 

The enhanced post-trade, clearing and depository services will also help firms through the planned connection to T2S.

BME also added a protocol to connect to Visual Trader, its routing technology subsidiary, to allow trading members to access information about customer securities and assets, as well as about the risks arising from transactions pending settlement.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: