This Week: Trading Technologies, Deutsche Borse, SS&C-Canoe, TNS, Clearstream-LCH, S&P, Refinitiv, Sterling TT
A summary of some of the past week’s financial technology news.
The transition away from Libor is a mammoth task for the banking sector—one that the industry is increasingly finding itself woefully unprepared for. By Hamad Ali
If you want the definition of a circular argument, talk to anyone involved with clearing about resilience and recovery. But more pernicious risks remain unaddressed.
The move by Germany's largest bank is being seen as an outcome of Brexit uncertainty
Senior CCP specialists say some emerging technologies have promise, but significant hurdles remain.
IHS Markit, in conjunction with CLS and LCH, will automate post-trade processes for complex currency derivatives but is looking at the entire market.
Clearinghouse operator makes US head new COO as it suggests it could move to the US post-Brexit if forced.
Clearinghouse COO steps up to CEO position as Suneel Bakhshi takes on LSEG chairman's role.
Blockchain is over-hyped in many instances—but perhaps not this one
European exchange group Euronext has signed a deal for clearing services with LCH, scuppering a previous agreement with ICE
European regulators landed a body blow against the UK, but not all participants are convinced it will work
Clearinghouse adds first New Zealand member amid other developments in Asia-Pacific
New EU rules suggest London-based clearinghouses may be forced to relocate to the eurozone.
Former COO returns to clearinghouse to head up rates, compression and uncleared derivatives projects.
European Commission prohibits deal on basis it would create a monopoly for fixed-income clearing in Europe.
Amundi becomes the first buy-side firm to use LCH’s clearing service for Credit Default Swaps (CDS) via its clearing broker, BNP Paribas.
Euronext makes offer to acquire French clearing house from London Stock Exchange, subject to completion of LSE’s merger with Deutsche Börse.
CurveGlobal is an interest rates derivatives venture that will offer low fees and no market data charges
The clearinghouse will implement PostTrade, which uses GPU technology to provide real-time risk analysis.
Addition of UBS and Barclays to give 'tremendous boost' to trade volumes netted on Harmony CCP Connect for Equities platform.
Formalizes involvement with messaging cooperative Swift's efforts
Euronext will soon find itself up against an exchange powerhouse and has established an M&A war chest to bolster its options.
Interest rate derivatives exchange was due to launch in Q2 this year, delayed to improve customer readiness.
Will bringing together the LSE and Deutsche Börse really impact the underlying technology?