Settlement
INTL FCStone Takes Paxos Precious Metals Confirmation Platform
The platform automates trade confirmations, reconciles transactions and aims to minimize operational errors.
CLS Goes Live with CLSTradeMonitor
New platform provides visibility into the status of FX trades settled through CLS.
LSEG Acquires Minority Share in AcadiaSoft
LSEG is looking to improve its non-clearing services with this latest deal.
SGX-NSE Battle Could Become a Long War
The exchanges are currently undergoing arbitration regarding the launch of SGX’s new futures contracts meant to succeed the outgoing SGX Nifty 50 suite of products.
US Regulators Release Final Rules for T+2
The final ruling from two US prudential regulators aligns both agencies with the markets regulator.
A Serendipitous Journey: Elly Hardwick, Deutsche Bank
Deutsche Bank's Elly Hardwick discusses her career and how the bank is looking to roll out innovative new solutions to tackle old problems.
CLS Invests in R3 to Promote Blockchain for FX
CLS will join the R3 board and will help push the release of blockchain applications for currency markets.
BNP Paribas Debuts Securities Inventory Management
Asset-servicing initiative is currently live in three markets and will become available globally in the coming weeks
Singapore Exchange Hits Back at India’s Data Pull
Indian market regulator Sebi is terminating its three exchanges’ existing market data licensing agreements with foreign partners.
Digital Asset Opens Smart Contract Language to Developers
Blythe Masters says that DAML is designed to reduce the risk of developer error creating broader problems for the market.
NEX, CLS Extend FX Compression Service to Third Parties
Expanding the service brings more efficiency to the system, both firms say.
ASX Considers Blockchain for Fixed-Income Platform
The exchange sees it as a logical development opportunity to make business easier for its customers.
DTCC Chief: We’re Going to 'Disappear' As Blockchain Evolves
The head of the US depository system says the utility will not exist in its current form, but will have a central role to play in a post-DLT world.
For Central Banks, Digital Currency Risks May Outweigh Benefits
CPMI's report says existing technology is sufficient at present to deliver the benefits of digital currencies, without introducing new risks.
NYSE Fined $14 Million by SEC for Reg SCI Violations
The exchange settles after multiple investigations conducted into outages and systems issues over past several years.
CLS Launches FX Reporting System
CLS plans to fully integrate CLSReporting, a new FX matched instruction service, in Q2 of 2018.
MUFG Investor Services Taps Point Nine's Middle-Office Platform to Help with Reg Reporting
The partnership is exclusive to MUFG and will also help Point Nine add pre-trade analytics to its offering.
Thai Stock Exchange Settles in for T+2
The exchange is looking to use technology to innovate its post-trade processes and introducing e-proxy and e-voting to benefit shareholders.
Emerging Tech Could Help Push Utilities Forward
European trade group releases report highlighting the challenges and opportunities associated with building industry utilities.
Malaysia and Singapore to Establish Trading Link
The exchanges and central banks of both countries will iron out details in the coming months for it to be operational by year-end.
DTCC Proposes Measures to Further Reduce US Settlement Times
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.
Buy Side Bands Together on Blockchain Vision in Landmark Paper
Fund managers, vendors and trade associations release joint paper on making distributed-ledger technology work for the buy side.
Swift, CSDs to Develop Blockchain for Post-Trade
More depositories are seen to join the initiative.
AFTAs 2017: Best IT Integration Initiative—Cowen
When Cowen announced that it was acquiring Convergex in April 2017, it was looking for a swift close to the deal—in just three months, the agency broker would become a full part of its new parent, renamed and rebadged to reflect that change. For CIO Ann…