The proposed standard applies to the processing of give-ups and allocations.
81% of brokers and banks in US and Canada use manual processes or home-grown systems in post-trade.
79% believe atomic settlement is achievable in less than 10 years.
LuxSE will provide its trading members with a daily trade reconciliation file.
Organizations must hit the ground running next year to meet the 2024 target.
Users can spin up XTP Spark in weeks to transform their back-office complexity.
SIX has established a direct link to the Spanish CSD, Iberclear.
The service helps remove settlement risk and reduce the operational burden for OTC trading.
Turquoise M-DAQ will provide brokers with composite equity and FX trading workflow, and enriched analytics.