The Brussels-based international central securities depository (ICSD) Euroclear Bank is the first international CSD to be granted an operating license under CSDR, the EU’s Central Securities Depositories Regulation. 17 non-international CSDs are through since before.
The job ads are out. Version 2.2 of the European Market Infrastructure Regulation (EMIR) says that the European Securities and Markets Authority (ESMA) should set up a new CCP supervisory committee. Now positions for the chair and two independent committee members are declared vacant.
Now claiming to have clearing access to over 95 percent of the cash equity trades on organised markets in Europe, EuroCCP announces that it will start clearing trades on the Frankfurt Stock Exchange on 11 November.
A year after pioneering into a Target 2-Securities (T2S) compliant platform, Denmark’s VP Securities is recording its best settlement and on-time rates ever. Morten Skanning and Henrik Høj from the company gave their picture at the PostTrade 360 Helsinki conference.