Investors need to ready for the T+1 change in processing or risk unwelcome costs
Government approves timetable for the City to join global push to upgrade market plumbing
Jeffrey Sprecher was an early backer of UK split from EU but now says London has lost value as a trading centre
CEO of exchange group says move into world’s biggest bond market is ‘no-brainer’ and its application will come this year
Task force’s report set to say 2026 timeline for implementation is possible but shies away from hard deadline
Standarise this!
Opposition from banks and asset managers and Franco-German tensions seen as undermining early plans
EU-based traders required to send up to 900 trades a year to ‘active accounts’ in the bloc
Dutch banker to become first non-German head of Europe’s largest futures marketplace
EU’s top financial services chief McGuinness says it is now a matter of ‘when and how’ single-day deals are brought in
The US takes a big step to a shorter settlement cycle for securities trade this year and Europe needs to catch up
And the case for slow QT
Treasury clearing 201: the centralising
Plans cover fewer trades than initially proposed in concession to hedge funds
Whatever timeline Britain opts for, it may be out of sync with its US and European counterparties
Task force appointed by UK Treasury struggles to agree on date to narrow window for finalising securities deals
Securities depository holds up payments due to disagreement over debt status
Everything you never wanted to know about central clearing in the world’s benchmark market
Disruption caused by hack of ICBC shows how bank has become an important link in $26tn market
Trade bodies call on bloc to scrap initiative to move clearing deals out of London
Eurex derivatives exchange to launch short-dated options on Stoxx 50 index from Monday
US central bank’s move will enable Americans to move money electronically in seconds
Officials explore legal route of using proceeds from funds stuck at settlement house Euroclear
Brussels insists on wresting lucrative business from London as derivatives houses fear threat to stability
Bosses warn post-Brexit restrictions from mid-2025 could undermine financial stability
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