News

Disclosure Obligations for Clearing Members and Service Providers:
EMIR 3 explicitly mandates that:
* Clearing members (who connect directly to CCPs)
* Firms that provide clearing services (which might include indirect clearing models where a firm acts as an intermediary for clients, even if not a direct clearing member itself)
Must inform their…[Read more]

Video courtesy of Escrow.com

Video courtesy of Escrow.com

The Active Account Requirement (AAR), introduced by EMIR 3, is indeed one of the most significant shifts in the EU’s derivatives clearing landscape. Let’s break down the key aspects you’ve highlighted and provide further context:
Core Obligation of the AAR:
* Who is in scope? Financial Counterparties (FC+) and Non-Financial Counterparties (NFC+)…[Read more]

Here’s an overview of EMIR 3 and its primary focus, incorporating the details you’ve provided:
Regulation (EU) 2024/2987 (“EMIR 3”) and EU Directive: Key Focus
* Entry into Force: EMIR 3 and its corresponding EU directive officially came into force on December 24, 2024.
* Phased Application: While many provisions became effective immediately,…[Read more]

Here’s a glance at recent key developments in UK EMIR, building on the information you provided:
Limited Divergence from EU EMIR (No EMIR 3.0 Changes)
* The UK EMIR regime does not incorporate the broader changes introduced by EMIR 3.0 in the EU (such as the active account requirement at EU CCPs).
* This indicates a continued divergence in the…[Read more]

Here’s a summary of recent key developments in EU EMIR, incorporating the information you provided and current dates:
Continued UK CCP Access (Until at least June 2028)
* EU participants can continue to clear derivatives through UK Central Counterparties (CCPs) for at least the next few years.
Active Account Requirement at EU CCPs (Effective June…[Read more]

Video courtesy of Interactive Brokers

Video courtesy of Interactive Brok ers

Arjun Jayaram, Founder and CEO of Baton Systems, emphasizes the dynamic and evolving nature of the digital settlement landscape, highlighting a fundamental “major shift” in market operations. His comments focus on the strategic advantages and increased flexibility that the integration with Partior brings to financial institutions.
Here’s a…[Read more]

John Stewart, Co-CEO of OSTTRA, underscored the strategic importance of the collaboration with Baton Systems and the subsequent integration with Partior, highlighting a clear progression in OSTTRA’s mission to enhance FX PvP (Payment-versus-Payment) settlement. His comments reveal several key aspects of their strategy and the benefits they aim to…[Read more]

Humphrey Valenbreder, CEO of Partior, highlighted the transformative impact of their integration with OSTTRA and Baton’s FX PvP settlement service, emphasizing that the financial industry is moving beyond the experimental phase of digital assets towards practical, real-world adoption. His statement underscores several key benefits and future…[Read more]

OSTTRA, a leading post-trade solutions provider, and Baton Systems, a pioneer in distributed ledger technology (DLT) for financial markets, have significantly enhanced their on-demand Foreign Exchange (FX) Payment-versus-Payment (PvP) settlement service with the integration of Partior. This collaboration provides network participants with new and…[Read more]

India’s National Stock Exchange (NSE) International Exchange (NSE IX) and the Cyprus Stock Exchange (CSE) have signed a Memorandum of Understanding (MoU) to enhance capital market collaboration and facilitate dual listings. This significant agreement was formalized during Prime Minister Narendra Modi’s visit to Cyprus, underscoring the growing…[Read more]

Video courtesy of CSOB

Video courtesy of CSOB

This press release announces the official global launch and strategic financing round of QTX.AI, a new quantitative trading platform. Here’s a breakdown of the key information:
* Company Name: QTX.AI
* What it is: A “next-generation AI-native quantitative trading platform.” This means it leverages artificial intelligence extensively for its…[Read more]

The BlackRock 2025 Global Family Office Survey reveals a significant trend: private credit has emerged as the top investment choice for family offices seeking diversification amidst heightened geopolitical concerns.
Here’s a breakdown of the key takeaways from the survey, which polled 175 single-family offices collectively overseeing over $320…[Read more]

The increasing interest of private equity firms in 401(k) retirement plans is indeed a significant development, and it comes with a host of important considerations, primarily revolving around the nature of private equity as an investment and its suitability for individual retirement savers.
Here’s a breakdown of the key concerns:
* Complexity:…[Read more]

As of mid-2025, the regulatory landscape for derivatives regimes in the UK and EU presents a contrast:
For groups subject to the UK derivatives regime (UK EMIR):
* Little Change Expected: The position is largely stable, with minimal significant regulatory shifts anticipated for the remainder of 2025.
* Technical Refinements: While the UK’s…[Read more]

MicroStrategy, a prominent corporate holder of Bitcoin, has once again expanded its substantial Bitcoin reserves. According to an announcement by founder Michael Saylor on X, the company purchased an additional 10,100 BTC for approximately $1.05 billion. This acquisition was made at an average price of $104,080 per Bitcoin.
This latest purchase,…[Read more]

Video courtesy of CSOB

Video courtesy of CSOB

The Depository Trust & Clearing Corporation (DTCC), a vital institution in the U.S. financial system, is indeed exploring the possibility of issuing its own stablecoin. This initiative is primarily driven by the goal of enhancing the utility and efficiency of digital assets across various financial markets, particularly in accelerating trade…[Read more]