ESMA Targets Three-Year Move to T+1
November 19, 2024
The European Securities and Markets Authority (ESMA) has targeted October 2027 for moving the European Union’s securities markets to T+1… Read More »
The European Securities and Markets Authority (ESMA) has targeted October 2027 for moving the European Union’s securities markets to T+1… Read More »
Two weeks ago I wrote about the feedback initiative from the GFXC, part of which covered FX settlement, within which… Read More »
JP Morgan has announced a rebrand of its blockchain-based platform Onyx as the offering moves to its next chapter –… Read More »
Citi and Fidelity International say they have completed a proof of concept of an on-chain money market fund with a… Read More »
Foreign exchange is emerging as a key testing ground for tokenisation with use cases being tested across six major currencies,… Read More »
Largely driven by a surge in non-spot activity, settlement services provider CLS has reported a new record for settlement volumes… Read More »
In its latest update on FX volumes post the switch to T+1 in North American securities market at the end… Read More »
The technical group of the UK’s Accelerated Settlement Taskforce (AST) has published draft recommendations for a potential UK move to… Read More »
CLS settled its second-highest volume of spot FX trades in August, as part of what was the third busiest month… Read More »
As was the case with those FX platforms to report volume data, CLS also saw a decline in settlement volumes… Read More »
Definity Markets is set to add digital assets matching and settlement to its spot FX platform after receiving the go-ahead… Read More »
Following a string of strong reports from FX trading platforms, CLS has also set a new high for daily settlement… Read More »
The subject of wholesale central bank digital currencies has gained new momentum this year and like so much in the… Read More »
The Financial Markets Standards Board (FMSB) has published a transparency draft on a new standard for the sharing of standard… Read More »
Flow Traders’ digital asset market making unit has connected to crypto custodian Copper’s ClearLoop settlement network, also connecting the LP… Read More »
Digital assets technology provider Finery Markets, has partnered with custodian BitGo to launch a solution providing regulated, qualified custody and… Read More »
As forecasted by the earlier reporting from trading platforms, the volume of FX settlements handled by CLS fell in May… Read More »
Following on from the findings of Project Meridien, which used real-estate transfers as its basis, the London and Eurosystem BIS… Read More »
The Bank for International Settlements (BIS) has announced the launch of Project Rialto, that will explore how instant cross-border payments… Read More »
The second in our Vox Pop interviews from The Full FX Scandinavia conference in Copenhagen recently, sees Colin Lambert sit… Read More »
Crypto prime brokerage firm FalconX has unveiled an FX desk to help improve what it terms “complex, slow and costly”… Read More »
The World Federation of Exchanges (WFE) has taken aim at moves to introduce distributed ledger technology (DLT)-based settlement, arguing the… Read More »
Much noise has been made about the impending shift to T+1 settlement in North American securities, but with one week… Read More »
CLS says that Barclays has officially gone live on its cross currency swaps (CCS) service – an extension of CLS’s… Read More »
SGX FX has unveiled changes to its official reference rate, as well as the timing of the Final Settlement Price… Read More »
AccessFintech and BNY Mellon have announced a partnership to bring a joint solution to the market for addressing FX workflow… Read More »
With less than a month to go before the big changeover in North American securities markets to T+1 settlement, Lisa… Read More »
In what is becoming a pattern for the FX settlement service provider, CLS saw a healthy bounce in activity to… Read More »
With The Full FX View CLS has formally ruled out making any changes to its main settlement service ahead… Read More »
The UK government has accepted all the recommendations contained in the report from its independent Accelerated Settlement Taskforce, and targeted… Read More »
Financial messaging network Swift has announced the findings of a six-month testing period on its central bank digital currency (CBDC)… Read More »
Volumes handled by FX settlement service CLS dropped in February, with activity in all three product sets falling from January,… Read More »
With The Full FX View Post-trade provider Osttra, a joint venture between CME Group and S&P Global, is to launch… Read More »
With cryptoasset prices surging following the granting of Bitcoin ETFs in the US, Deutsche Börse has launched the Deutsche Börse… Read More »
It was a strong start to the year for CLS, which has reported its second highest average daily volume across… Read More »
Just under a year after first announcing it, LSEG’s FXall has gone live with its collaboration with fintech Saphyre’s solution… Read More »
It is likely to be one of the biggest events of the year in the FX industry, and as Marc… Read More »
A new report from post-trade infrastructure provider DTCC submits that trade confirmation and affirmation in US securities markets needs to… Read More »
SEC chair Gary Gensler is not, in my view, a particularly markets-friendly administrator, which made me nervous when I heard,… Read More »
CLS is maintaining momentum in Japan with the addition of a third manufacturing company, DIC Corporation, joining CLS Settlement as… Read More »
As was the case with the FX platforms that previously reported volume data, CLS has closed out 2023 with historically-strong… Read More »
A new post from Liberty Street Economics, which operates under the auspices of the Federal Reserve Bank of New York,… Read More »
By Lisa Danino-Lewis, Chief Growth Officer, CLS As we approach 2024 amid uncertain market conditions and an ever-changing geopolitical and… Read More »
The Global Foreign Exchange Committee (GFXC) has reported “significant” advances in adherence to the FX Global Code at its virtual… Read More »
In the latest Unfiltered video, Alex Knight, head of EMEA at Baton Systems, talks to Colin Lambert about what is… Read More »
CLS says that Tokio Marine & Nichido Life Insurance and Nisshin Fire & Marine Insurance, two of Tokio Marine Holdings… Read More »
CLS has become a more prominent part of the discussion surrounding next year’s impending change to T+1 settlement in North… Read More »
Citi says it has developed an application, under the Monetary Authority of Singapore’s (MAS) Project Guardian that uses blockchain infrastructure… Read More »
More evidence that the TradFi world is looking to the digital assets space to help overhaul tis payments and settlements… Read More »
Settlement and payments business RTGS.global has signed pilot agreements with three new banks to join its service, which enables “instantaneous”… Read More »
