After six years leading CLS, David Puth is relinquishing his role as CEO.
The Swedish bank will use US firm's network as a white-labelled service.
MarkitSERV plans to retire DSMatch and fold MarkitWire and other products into cloud-based platform.
The platform automates trade confirmations, reconciles transactions and aims to minimize operational errors.
The move by Germany's largest bank is being seen as an outcome of Brexit uncertainty
Former LCH executive to take over as chief executive of cash-equities clearinghouse.
The deal with Europe's largest equities CCP is expected to increase competition in the market.
The utility plans to open a fully functioning Dublin office in the first quarter of next year.
Peter Clark, CIO for Greater China and North Asia (GCNA) at Standard Chartered, talks with Waters about the projects they're working on and the team he's built.
LSEG is looking to improve its non-clearing services with this latest deal.
James and Anthony look at the main issues around CCP non-default losses, who should be responsible for these funds, and where this is all heading.
DTCC will focus on settlement optimization, looking to reengineer how it processes trades before end of day.
Blythe Masters says that DAML is designed to reduce the risk of developer error creating broader problems for the market.
Bickering between regulators rarely helps anything, but power plays involving CCPs are even less helpful.
The exchange sees it as a logical development opportunity to make business easier for its customers.
The push to expand oversight of US CCPs is “a clear breach” of 2016 equivalence deal, Quintenz says.
CPMI's report says existing technology is sufficient at present to deliver the benefits of digital currencies, without introducing new risks.
Waters looks at major projects being rolled out in 2018 at exchanges in Japan, Australia, Hong Kong and Singapore.
The exchange is looking to use technology to innovate its post-trade processes and introducing e-proxy and e-voting to benefit shareholders.
Mario Draghi says European authorities must have direct supervision of non-EU CCPs
The forecasting tool will enable traders to identify movements and liquidity, while helping risk and compliance staff to adjust models based on market events.
The exchanges and central banks of both countries will iron out details in the coming months for it to be operational by year-end.
The exchange is planning a series of investments in its technology this year, including a clearing platform.
The two proposals could bring settlement down to a day-and-a-half from time of trade, but still need more feedback from the industry.