ICMA and the Investment Association have reinforced calls for a delay and reforms to the CSDR mandatory buy-in provisions with another letter to the European Commission
J.P. Morgan is currently the only pilot, but the German exchange is in talks with five other “major clients” about on-boarding in the coming weeks and months
With its new ETF matching protocol, Wematch aims to provide lenders and borrowers with granular information as soon as the match is identified and will help in the decision-making process before confirming any trade
LCH notes that full implementation of the settlement discipline regime is “widely expected to occur once modifications to the TARGET2-Securities settlement system run by the European Central Bank are tested and complete”
The Eurex Exchange Council has re-elected HSBC Germany's CEO as chair, while also re-electing Lutz Johanning, WHU – Otto Beisheim School of Management, as deputy chair
Fourteen trade associations including ISLA, ICMA and AFME have sent a joint letter to the EU requesting radical reforms to CSDR’s settlement regime to avoid a liquidity crisis in Septemeber
