These representatives of investment banks, custodians, CSDs and clearing houses will all be on the panel as this session of PostTrade 360° Stockholm, to discuss what the entry-into-force of the settlement fail penalties in February has led to. Sweden may be in focus and over 200 people will be in the room – but the relevance will be global, and you can connect from anywhere via the web for free.

The session takes place on Tuesday 29 March, 14:00 local time (CEST). As an investments operations professional, sign up here. The alternative to join via our digital platform is free of charge so we expect many colleagues to connect from across the world. All in all, the conference features nearly 60 post-trade speakers over two days, 29–30 March.

Executive Director Sachin Mohindra of Goldman Sachs will carry the bank flag on the six-person strong panel. The other panelists are
Christine Strandberg, Regulatory Manager, Investor Services, SEB,
Mike Jones, Head of Securities Operations, LCH Limited,
Quentin Berillon, Network Manager, Euroclear Sweden,
Paul Baybutt, Director, Senior Product Manager, Global Middle Office Product, HSBC,
and panel moderator Bob Stewart, Executive Director, Institutional Trade Processing, DTCC.

PostTrade 360 Nordic 2024

The idea of mandatory buy-ins, which were meant to form one half of the settlement discipline regime under the CSDR framework, has largely been rolled back – but the cash penalties for settlement fails are now live since 1 February. This session will look at what volumes we see, and how they are now actually being managed by the market actors and by the infrastructure organisations tasked with calculating and performing payment of penalties.