Clearing and Settlement | Public Info | Activity

Public Info posted an update: SEBI, India's market regulator, is taking strong action to […]

Mon, 07 Jul 2025 20:53:17 +0000

SEBI, India’s market regulator, is taking strong action to protect retail investors from significant losses in the equity derivatives market. Here’s a breakdown of what that entails:
What “stricter rules to curb speculative trading” means:
* Equity Derivatives: These are financial contracts whose value is derived from an underlying stock or stock…[Read more]

Public Info posted an update: The UK's Financial Conduct Authority (FCA) is set to […]

Mon, 07 Jul 2025 20:48:00 +0000

The UK’s Financial Conduct Authority (FCA) is set to implement significant changes to the regulation of commodity derivatives, a move that will further differentiate the UK’s approach from that of Europe, according to Carolyn Jackson, a partner at Katten. These changes, detailed in a policy statement issued in February 2025, are scheduled to come…[Read more]

Public Info posted an update: Video courtesy of Escrow.com […]

Sat, 05 Jul 2025 16:36:51 +0000

Video courtesy of Escrow.com

Public Info posted an update: Standard Chartered Bank has entered into a significant […]

Sat, 05 Jul 2025 16:33:54 +0000

Standard Chartered Bank has entered into a significant agreement with CCIL IFSC Limited, a subsidiary of the Clearing Corporation of India Limited (CCIL), to act as the settlement bank for CCIL IFSC’s Foreign Exchange Settlement System (FCSS) at GIFT City. This collaboration is a crucial step towards establishing a seamless and real-time US dollar…[Read more]

Public Info posted an update: The European Central Bank (ECB) is taking significant steps […]

Sat, 05 Jul 2025 16:29:15 +0000

The European Central Bank (ECB) is taking significant steps to integrate distributed ledger technology (DLT) into its financial infrastructure by enabling the settlement of DLT transactions with central bank money. This move aims to modernize Europe’s financial system and address the existing limitations for DLT adoption.
Two-pronged Approach:
The…[Read more]

Public Info posted an update: Vietnam is actively pursuing an upgrade of its stock market […]

Sat, 05 Jul 2025 16:18:07 +0000

Vietnam is actively pursuing an upgrade of its stock market from frontier to emerging status, with optimism from government officials that this could be achieved by September 2025. This initiative is in line with the Prime Minister’s Decision No. 1726/QD-TTg dated December 29, 2023.
Key Efforts and Progress:
* Improved Legal Framework: The State…[Read more]

Public Info posted an update: Key organizations within the payments industry have voiced […]

Sat, 05 Jul 2025 16:16:13 +0000

Key organizations within the payments industry have voiced strong support for the federal government’s initiative to eliminate paper checks for disbursements. Nacha (the governing body of the ACH network), The Bank Policy Institute, The Clearing House Association, and the Consumer Bankers Association have all submitted comments to the Treasury…[Read more]

Public Info posted an update: As the federal government's September 30, 2025 deadline to […]

Wed, 02 Jul 2025 19:39:33 +0000

As the federal government’s September 30, 2025 deadline to eliminate paper checks approaches, several key organizations are publicly supporting this initiative, viewing it as an opportunity to modernize payment systems, reduce fraud, and potentially expand their own business.
Executive Order 14247, “Modernizing Payments To and From America’s Bank…[Read more]

Public Info posted an update: The European Central Bank (ECB) is pursuing a two-track […]

Wed, 02 Jul 2025 19:16:03 +0000

The European Central Bank (ECB) is pursuing a two-track strategy to integrate Distributed Ledger Technology (DLT) into wholesale central bank settlements, with the “Appia” track focusing on a long-term, integrated ecosystem.
Appia: A Long-Term Vision
Appia is designed to develop an “integrated ecosystem in Europe that also facilitates safe and…[Read more]

Public Info posted an update: The European Central Bank (ECB) has announced a significant […]

Wed, 02 Jul 2025 19:12:14 +0000

The European Central Bank (ECB) has announced a significant two-track plan to integrate distributed ledger technology (DLT) into its financial system, aiming to modernize payment and securities settlement using central bank money.
Pontes: The Short-Term Solution
The first track, named Pontes, will establish a short-term solution by connecting…[Read more]

Public Info posted an update: Video courtesy of ABN-AMRO […]

Wed, 02 Jul 2025 18:51:03 +0000

Video courtesy of ABN-AMRO

Public Info posted an update: Common findings regarding information frictions in […]

Wed, 02 Jul 2025 18:49:50 +0000

Common findings regarding information frictions in over-the-counter (OTC) markets:
* Reduced Asset Creation, Trading Volume, and Welfare: Information asymmetries, where some parties have more or better information than others, fundamentally hinder efficient market operation. In OTC markets, the lack of transparency about counterparty valuations…[Read more]

Public Info posted an update: The Commodity Futures Trading Commission (CFTC) is indeed […]

Wed, 02 Jul 2025 18:35:19 +0000

The Commodity Futures Trading Commission (CFTC) is indeed exploring the possibility of allowing 24/7 trading in the derivatives markets it regulates. This initiative is largely driven by the demands of digital asset traders, who operate in a global, continuous market.
However, this potential shift is facing significant pushback from various…[Read more]

Public Info posted an update: Bruce Markets has recently secured a strategic investment […]

Wed, 02 Jul 2025 00:17:08 +0000

Bruce Markets has recently secured a strategic investment round from prominent financial industry leaders, including Apex Fintech Solutions, Fidelity Investments, Nasdaq Ventures, NH Investment and Securities, PEAK6 Investments, Robinhood, tastytrade, and Webull. The exact amount of capital raised in this recent funding round has not been…[Read more]

Public Info posted an update: On June 17, 2025, the European Commission released proposed […]

Mon, 30 Jun 2025 19:35:40 +0000

On June 17, 2025, the European Commission released proposed amendments to the EU Securitisation Regulation (EUSR). These proposals are highly anticipated and follow the Joint Committee of the European Supervisory Authorities’ report from March 2025, which aimed to assist the Commission in developing these changes.
These proposed amendments,…[Read more]

Public Info posted an update: Dinari has made headlines as the first firm to secure a […]

Mon, 30 Jun 2025 19:30:23 +0000

Dinari has made headlines as the first firm to secure a license to offer tokenized stocks to U.S. traders. This is a significant development in the world of blockchain-based finance, as it opens the door for a new way to trade traditional securities.
Here’s a breakdown of what this means:
* First-of-its-kind approval: Dinari’s subsidiary obtained…[Read more]

Public Info posted an update: Video courtesy of IPO-VID In Patrick's Opinion […]

Mon, 30 Jun 2025 19:19:06 +0000

Video courtesy of IPO-VID In Patrick’s Opinion

Public Info posted an update: Bakkt, a digital asset platform, is making a significant […]

Mon, 30 Jun 2025 19:15:25 +0000

Bakkt, a digital asset platform, is making a significant strategic shift towards a “pure-play crypto infrastructure company” with a focus on a crypto treasury playbook. This pivot includes plans to allocate capital into Bitcoin and other digital assets as part of its broader corporate and treasury strategy. To support this initiative, Bakkt is…[Read more]

Public Info posted an update: The shift towards cleared repo environments is drawing […]

Mon, 30 Jun 2025 18:53:25 +0000

The shift towards cleared repo environments is drawing significant insights from the established practices of bilateral repo and the clearing of OTC derivatives. This evolution aims to enhance operational efficiency and mitigate risk in the repo market, both in the US and globally, where non-mandatory cleared repo is gaining traction.
Here’s a…[Read more]

Public Info posted an update: While stock markets appear to be largely unperturbed by the […]

Mon, 30 Jun 2025 18:44:13 +0000

While stock markets appear to be largely unperturbed by the current global landscape of geopolitical and economic instability—including ongoing conflicts, trade tariffs, pervasive uncertainty, and a decelerating world economy—this upheaval is indeed manifesting in the fundamental underpinnings of the global financial system.
The most evident exp…[Read more]

Public Info posted an update: Traditional financial systems, despite modern advancements, […]

Fri, 27 Jun 2025 21:44:15 +0000

Traditional financial systems, despite modern advancements, face several inherent shortcomings when compared to cryptocurrencies:
1. Time Delays and Limited Business Hours:
* Traditional banking operates with inherent sluggishness due to multiple intermediaries and restricted business hours.
* Cross-border transactions typically take 3 to 5…[Read more]

Public Info posted an update: Mr. Topa clarifies that the goal is not a uniform, […]

Fri, 27 Jun 2025 18:36:14 +0000

Mr. Topa clarifies that the goal is not a uniform, “one-size-fits-all” post-trade environment, but rather the implementation of universally applicable processes that reduce barriers and friction across diverse jurisdictions, participants, and stakeholders. This pragmatic approach acknowledges the inherent complexity of the post-trade landscape…[Read more]

Public Info posted an update: Video courtesy of Interactive […]

Fri, 27 Jun 2025 18:26:56 +0000

Video courtesy of Interactive Brokers.

Public Info posted an update: Mr. Topa emphasizes that improving settlement efficiency and […]

Fri, 27 Jun 2025 18:26:25 +0000

Mr. Topa emphasizes that improving settlement efficiency and adherence to market standards are crucial for creating greater stability and certainty in financial outcomes, not just from a European perspective, but globally. Their approach to achieving this involves adopting market standards that are already globally established and endorsed, after…[Read more]

Public Info posted an update: The World Federation of Exchanges (WFE) has issued […]

Fri, 27 Jun 2025 17:39:21 +0000

The World Federation of Exchanges (WFE) has issued comprehensive guidance on shortening securities settlement cycles, specifically focusing on the transition from T+2 to T+1 settlement. This move aims to reduce risks, enhance liquidity, and modernize financial market infrastructure.
Understanding T+2 and T+1 Settlement:
* T+2 (Trade Date Plus Two…[Read more]

Public Info posted an update: DRW Venture Capital led the $135 million strategic funding […]

Fri, 27 Jun 2025 17:37:30 +0000

DRW Venture Capital led the $135 million strategic funding round for Digital Asset, the company behind the Canton Network.
DRW is a diversified principal trading firm founded in 1992 by Don Wilson. It is based in Chicago and operates across various asset classes, including fixed income, options, derivatives, energy, agriculture, and…[Read more]

Public Info posted an update: The ongoing evolution of the cleared repo market, […]

Fri, 27 Jun 2025 17:25:11 +0000

The ongoing evolution of the cleared repo market, particularly driven by the US Treasury clearing mandate, highlights a fascinating convergence with existing practices from bilateral repo and OTC derivatives clearing. This integration of diverse data sources and the synergy of various applications are becoming crucial for firms to achieve a…[Read more]

Public Info posted an update: Video courtesy of KDPW […]

Fri, 27 Jun 2025 17:21:00 +0000

Video courtesy of KDPW

Public Info posted an update: The expansion of cleared repo, particularly in the US with […]

Fri, 27 Jun 2025 17:19:47 +0000

The expansion of cleared repo, particularly in the US with the Treasury clearing mandate, is not simply a direct application of existing repo practices to a central counterparty (CCP) model. Instead, it’s a dynamic process that integrates valuable “lessons learned” from both the established bilateral repo market and the more mature cleared OTC…[Read more]

Public Info posted an update: The implementation of the US Treasury clearing mandate is […]

Fri, 27 Jun 2025 17:16:39 +0000

The implementation of the US Treasury clearing mandate is driving a significant shift in market infrastructure, particularly with the increased adoption of agency clearing models. This change is necessitating a re-evaluation and adjustment of existing pre-trade processes and post-trade workflows within the financial services industry.
Here’s a…[Read more]

Public Info posted an update: The derivatives industry is also welcoming improvements to […]

Fri, 27 Jun 2025 17:11:54 +0000

The derivatives industry is also welcoming improvements to the stress testing requirements within the EU’s new derivatives regulations. Bill Stenning of Societe Generale indicated that the final rules are expected to “reduce the operational burden of stress tests for clearinghouses, clearing members and their end-clients,” and may even allow…[Read more]

Public Info posted an update: The derivatives industry is reacting positively to the […]

Fri, 27 Jun 2025 17:10:31 +0000

The derivatives industry is reacting positively to the finalization of the European Union’s derivatives regulations, particularly the “active account requirement” (AAR), which aims to repatriate more euro derivatives clearing to the EU from London.
Background on Euro Derivatives Clearing Post-Brexit:
* Dominance of London: Following Brexit, the…[Read more]

Public Info posted an update: The derivatives industry is expressing significant relief […]

Fri, 27 Jun 2025 17:08:03 +0000

The derivatives industry is expressing significant relief following the finalization of new European Union derivatives regulations. Bill Stenning, head of public affairs at Societe Generale, stated that the European Securities and Markets Authority (ESMA) “has clearly taken extensive and fairly robust industry feedback onboard to revise its…[Read more]

Public Info posted an update: Confidence in the derivatives market remains robust despite […]

Fri, 27 Jun 2025 16:48:53 +0000

Confidence in the derivatives market remains robust despite the tumultuous period in April 2025, largely triggered by US tariff announcements. This is according to the latest Acuiti SGX Global Market Sentiment Index for Q2 2025.
The quarterly Index, which gauges business outlook across various market participants like asset managers, hedge funds,…[Read more]

Public Info posted an update: Euronext has indeed intensified its competition with Eurex by […]

Thu, 26 Jun 2025 20:09:25 +0000

Euronext has indeed intensified its competition with Eurex by launching “mini” German single stock options on its Euronext Amsterdam equity derivatives market. This move comes just two months after successfully introducing similar offerings for French and Dutch stocks.
Here’s a breakdown of the key information:
* Strategic Motivation: Charlotte…[Read more]

Public Info posted an update: The unique characteristics of private stock markets. It […]

Thu, 26 Jun 2025 19:59:33 +0000

The unique characteristics of private stock markets. It highlights the alluring potential for high returns, diversification benefits, and access to innovative companies, while simultaneously emphasizing the crucial need for caution due to less transparent pricing and the potential for rapid value swings.
Here’s a breakdown of the key takeaways and…[Read more]

Public Info posted an update: HTX, a prominent global cryptocurrency exchange, has […]

Thu, 26 Jun 2025 19:50:24 +0000

HTX, a prominent global cryptocurrency exchange, has announced a significant partnership with BitGo Singapore, a leading provider of secure digital asset infrastructure. This collaboration involves the integration of BitGo’s Go Network Off-Exchange Settlement (OES) solution, a move designed to enhance HTX’s offerings by providing a more secure,…[Read more]

Public Info posted an update: Ripple is actively pursuing a strategy of "multiple […]

Thu, 26 Jun 2025 19:41:35 +0000

Ripple is actively pursuing a strategy of “multiple acquisitions” and significant upgrades to its XRP Ledger (XRPL) blockchain, aiming for features reminiscent of Ethereum.
Acquisition Strategy:
* Ripple’s M&A team is reportedly very busy, with multiple potential acquisitions in various stages.
* This year, Ripple already acquired the prime…[Read more]

Public Info posted an update: Video courtesy of CSOB […]

Wed, 25 Jun 2025 21:24:37 +0000

Video courtesy of CSOB

Public Info posted an update: Payments giant Fiserv is set to launch its own fiat-backed […]

Wed, 25 Jun 2025 21:24:11 +0000

Payments giant Fiserv is set to launch its own fiat-backed stablecoin, FIUSD, on the Solana blockchain by the end of 2025. This move aims to revolutionize real-time, 24/7 settlement across its vast global network of nearly 10,000 financial institutions and over six million merchants.
FIUSD will leverage infrastructure developed by prominent…[Read more]

Public Info posted an update: The financial industry is currently undergoing a significant […]

Wed, 25 Jun 2025 21:21:13 +0000

The financial industry is currently undergoing a significant shift as both private banks and fintech platforms race to meet the surging demand for alternative assets. This includes investments in pre-IPO unicorns, real estate, crypto, collectibles, and more.
Firms like Forge Global Holdings Inc. are actively lowering their minimum investment…[Read more]

Public Info posted an update: Edgewater Markets, a provider of trade execution technology […]

Wed, 25 Jun 2025 21:16:01 +0000

Edgewater Markets, a provider of trade execution technology solutions, has appointed Paul Allmark as its new Chief Technology Officer (CTO). Based in London, Allmark will be responsible for overseeing all technology functions and spearheading all technology projects, reporting directly to Edgewater’s founders.
Allmark brings over 30 years of…[Read more]

Public Info posted an update: The People's Bank of China's Cross-Border Interbank Payment […]

Wed, 25 Jun 2025 21:11:58 +0000

The People’s Bank of China’s Cross-Border Interbank Payment System (CIPS) has recently signed new agreements with six financial institutions across the Middle East, Africa (MEA), and Asia. This significant development, announced at the China International Finance Exhibition 2025 in Shanghai, marks the first time CIPS has established foreign direct…[Read more]

Public Info posted an update: Lynq, a new real-time, interest-bearing settlement network […]

Wed, 25 Jun 2025 21:07:16 +0000

Lynq, a new real-time, interest-bearing settlement network for digital assets, has announced that FalconX, a prominent digital asset prime broker, has joined its roster of launch partners. This collaboration aims to reinforce support for efficient and compliant settlement in the burgeoning crypto markets.
Lynq’s growing network already includes…[Read more]

Public Info posted an update: Video courtesy of The Money […]

Wed, 25 Jun 2025 20:58:23 +0000

Video courtesy of The Money GPS

Public Info posted an update: The municipal bond market is experiencing a significant surge […]

Wed, 25 Jun 2025 20:58:03 +0000

The municipal bond market is experiencing a significant surge in new debt issuance, with state and local governments selling $153 billion in the second quarter of 2025 alone, marking the largest quarter ever. This brings the total 2025 sales to over $271 billion, a 21% increase from last year.
Barclays Plc strategists Mikhail Foux and Grace Cen…[Read more]

Public Info posted an update: CMC Invest, recognized as Australia's second-largest retail […]

Wed, 25 Jun 2025 20:27:07 +0000

CMC Invest, recognized as Australia’s second-largest retail stockbroker, is undertaking a significant strategic initiative to overhaul and future-proof its business-to-business (B2B) post-trade operations in New Zealand. This transformation involves a partnership with Contemi Solutions, which will enable CMC Invest to become a full trading and…[Read more]

Public Info posted an update: Providence, Rhode Island – Beeline Title Holdings, Inc., a s […]

Wed, 25 Jun 2025 20:13:35 +0000

Providence, Rhode Island – Beeline Title Holdings, Inc., a subsidiary of the rapidly expanding digital mortgage platform Beeline Holdings, Inc. (NASDAQ: BLNE), has announced a significant milestone in real estate finance: the successful closing of what it believes to be one of the first residential real estate transactions funded through the s…[Read more]

Public Info posted an update: DALLAS, TX – ZOCCAM, a frontrunner in real estate payment t […]

Wed, 25 Jun 2025 20:10:09 +0000

DALLAS, TX – ZOCCAM, a frontrunner in real estate payment technology, has officially launched a new solution aimed at revolutionizing the home buying closing process. In collaboration with U.S. Bank and Stewart Title, they have facilitated the first live use case of Request for Payment (RfP) technology for faster and more secure title payments. T…[Read more]

Public Info posted an update: Video courtesy of IPO-VID In Patrick's Opinion […]

Wed, 25 Jun 2025 20:06:48 +0000

Video courtesy of IPO-VID In Patrick’s Opinion