Deutsche Börse’s Clearstream steps back from its 50-percent stake in the trade repository that it founded together with Spain’s CSD, Iberclear, in 2010.

After an announcement in 2019, Switzerland-based SIX took over Spain’s exchange group, BME, in 2020 – including Iberclear and its half of Regis-TR. Now, SIX becomes the single owner of the trade repository, by buying the other half of the joint venture from Clearstream.

The news was presented in a press release on Friday.

PostTrade 360 Nordic 2024

Regis-TR is licensed to provide repository services both under the EMIR and the SFTR regulations, as we noted here.

The regulatory reporting niche has seen consolidation lately, with
Brexit dividing Europe and its providers,
CME’s decision in 2020 to shut repositories including in Europe,
– Deutsche Börse selling its regulatory reporting hub (RRH) to existing provider MarketAxess,
– LSEG subsidiary Unavista Tradecho B.V. ditching its SFTR trade repository service (while continuing the EMIR-related part)
… and now the Clearstream exit from Regis-TR.