LSEG divests 5% interest in Euroclear to TCorp
TCorp’s total investment value in Euroclear is $478 million.
TCorp’s total investment value in Euroclear is $478 million.
Named Smart Markets, the new service claims to help enhance trading models and build informed strategies, alongside making data more interpretable.
With the expansion, Euroclear Bank will be able to boost operational efficiencies for market users and streamline collateral management.
New solution looks to improve access to critical Eurobond data for investors, alongside improving the transition into secondary trading.
The TRADE sits down with James Pike, head of business development at Euroclear-owned Taskize and former global head of institutional client services and global head of co-equity operations at Morgan Stanley, to learn why Europe is still struggling with settlement failures – and what can be done about it.
In its annual supervision of financial market infrastructures (FMI) report, the central bank warned that these entities are so crucial to stability that any disruption could have consequences that affect the entire financial system.
The TRADE highlights the top five most read stories across Europe in H1 2022, including news from DTCC, Euroclear and Clearstream, LSEG, Virtu and BNP Paribas.
Change of direction sees ICE offload its Euroclear stake to two government-owned investment firms for the same price agreed with Silver Lake last year.
ICSDs take action with both Euroclear and Clearstream no longer accepting rouble as settlement currencies.
New functionality builds on existing client service channel.