Post-trade & ops

9 articles tagged with this keyword

/regulation

European taskforce calls for T+1 alignment

A group representing buy and sell-side firms and market infrastructure providers across Europe has called on the UK, Switzerland and the EU to coordinate plans to shorten the settlement cycle for securities trades.

/crypto

German bank LBBW enters crypto market

Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, has formed an alliance with crypto custodian Bitpanda.

/crypto

LCH gets green light to clear Bitcoin index derivatives

London Stock Exchange Group-owned LCH has secured regulatory approval to clear cash-settled Bitcoin index futures and options contracts.

/wholesale

Euroclear invests in blockchain company

Post-trade group Euroclear has acquired a stake in Iznes, a pan-European, blockchain-based network within the asset management market.

/crypto

Institutional players back digital asset clearing house ClearToken

ClearToken, a London-based clearing house for global digital assets, has secured a $10 million funding round with support from Laser Digital, the digital asset subsidiary of Nomura, several global liquidity providers including Flow Traders and GSR, and leading digital asset firms LMAX Digital and Zodia Custody.

/markets

EquiLend services knocked out by cyber-attack

EquiLend has warned clients that services could be down for several days after the securities lending trading platform was hit by a cyber-attack.

/markets

EquiLend to be acquired by PE firm WCAS

EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).

/markets

Broadridge releases GenAI tool for cutting settlement fails

Broadridge has launched a ChatGPT-style Large Language Model for streamlining back office operations and cutting settlement fails.

/wholesale

ASX turns to Tata to replace Chess system

The Australian Securities Exchange (ASX) is planning to turn to a third party to replace its ageing clearing and settlement system.