Tagged: clearing

September 29, 2026 @ 7:51 am By Omar Faridi  |  

Coinbase (NASDAQ: COIN) has recently secured registration from the US Commodity Futures Trading Commission (CFTC) for Coinbase Clearing LLC as a derivatives clearing organization, a step that closes a long-running gap in the company’s regulated US derivatives business. The CFTC recorded the status as registered… Read More

June 17, 2026 @ 10:02 pm By Omar Faridi  |  

Euronext, Europe’s capital markets infrastructure provider, has teamed up with BNY (NYSE: BK), a global financial services firm, to significantly upgrade collateral management services for its clearing operations. The partnership, announced this month, focuses particularly on supporting cleared repo transactions and aims to deliver greater efficiency… Read More

May 28, 2026 @ 12:24 pm By JD Alois  |  

Paxos says it has been granted registration as a clearing agency by the Securities and Exchange Commission. Paxos Securities Settlement Company is said to be the only blockchain-native firm to have gained approval as a central securities depository. Charles Cascarilla, CEO and co-Founder of Paxos,… Read More

December 24, 2025 @ 9:02 am By Omar Faridi  |  

The Depository Trust & Clearing Corporation (DTCC), the market infrastructure for the financial services industry, and BNY (NYSE: BK), a global financial services company, announced that DTCC’s Fixed Income Clearing Corporation (FICC) subsidiary has launched its Collateral-in-Lieu (CIL) service under its Sponsored General Collateral (GC)… Read More

November 21, 2025 @ 1:58 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it entered into agreements in order to acquire a 20 per cent stake in the holding company of CMU OmniClear Limited, as the financial market infrastructure operators strengthen their partnership to advance the… Read More

November 14, 2025 @ 7:34 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced that Cboe Clear Europe, its pan-European clearing house, has reached a key step in the development of its Securities Financing Transactions (SFT) clearing service, with BNY (NYSE: BK), a financial services company,… Read More

November 13, 2025 @ 3:22 pm By Omar Faridi  |  

SIFMA, BNY, Broadridge and The Depository Trust & Clearing Corporation (DTCC), in collaboration with The ValueExchange, today released findings from their “U.S. Treasury Central Clearing Pulse Survey”, which draws upon insights from global market participants. The survey, conducted by The ValueExchange, was meant to provide… Read More

November 4, 2025 @ 11:44 pm By Omar Faridi  |  

Euroclear recently announced a significant enhancement to its partnership with LCH SA, which will enable clearing members to settle all Italian government debt traded on MTS and BrokerTec, and cleared via LCH SA. This will reportedly include cash as well as repo at Euroclear Bank,… Read More

September 12, 2025 @ 12:47 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking,  announces the expansion of its banking and payments services to UK corporate businesses. While retail banking has undergone digitisation spurred “by consumer demands, transaction banks serving corporates have often lagged.” Hampered by legacy infrastructure and batch-based… Read More

August 13, 2025 @ 10:59 pm By Omar Faridi  |  

Alpaca, a self-clearing broker-dealer and brokerage infrastructure, announced that it has been approved as a clearing member by The Options Clearing Corporation (OCC), the world’s equity derivatives clearing organization, and the Fixed Income Clearing Corporation (FICC), which provides central clearing “for U.S. government Treasuries and… Read More

July 28, 2025 @ 12:32 am By Omar Faridi  |  

BME has presented the Playbook Spain T+1, a document that compiles the conclusions reached by the Spanish task force on the transition to the T+1 settlement cycle. The migration project to T+1 involves “reducing the period between the execution of a trade and its settlement.”… Read More

May 7, 2025 @ 4:57 pm By Omar Faridi  |  

SIFMA and Arteria AI announced a partnership to provide all US Treasury clearing participants a data-driven documentation platform to streamline and scale the onboarding, legal compliance, and operational systems integration with “respect to the mandated central clearing of US Treasury securities repurchase transactions, as required… Read More

May 3, 2025 @ 5:32 pm By Omar Faridi  |  

On April 28, 2025, Payments Canada implemented significant updates to the rules governing the Automated Clearing and Settlement System (ACSS), a critical infrastructure for processing electronic payments in Canada. These changes, aimed at enhancing clarity, aligning with current practices, and supporting ongoing modernization efforts, mark… Read More

November 14, 2024 @ 9:21 pm By Omar Faridi  |  

DTCC’s FICC reportedly enhances VaR calculator capabilities, as firms Prepare for the U.S. Treasury Clearing Requirements. New Cross Margining and Repo calculator functionalities will enhance Users’ understanding of risk management and margin requirements. The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for… Read More

July 14, 2024 @ 6:51 pm By Omar Faridi  |  

Partior, a fintech company with global unified ledger-based interbank rails for real-time clearing and settlement, has announced the first close of a US$60M+ Series B round led by Peak XV Partners and supported by Valor Capital Group and Jump Trading Group as new investors, and… Read More

April 19, 2024 @ 12:07 pm By Omar Faridi  |  

Hitoshi, Co-founder & Chief Product Officer at Alpaca notes that Alpaca has transitioned to self-clearing at DTCC. As noted in a blog post, this is a key milestone since they started “a regulated brokerage business five years ago.” It’s a pivotal milestone for them because this… Read More

July 14, 2023 @ 11:40 am By Omar Faridi  |  

Gemini Fund Solutions (GFS) says it is the one of the leading providers of custody, clearing/settlement, trading, and other capital markets services that have been specifically designed “for crypto exchange-traded funds (ETFs), closed-end funds (CEFs), and other fund vehicles.” Founded in 2020, GFS is reportedly… Read More

December 15, 2022 @ 9:39 pm By Omar Faridi  |  

Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of data, technology and market infrastructure, and BNY Mellon | Pershing, a provider of clearing and custody solutions, announced that the web-based version of the ICE Connect wealth management platform has been “integrated into BNY Mellon |… Read More

November 30, 2022 @ 8:13 am By Omar Faridi  |  

ClearBank, which claims to be the largest next-generation clearing and embedded banking platform in the UK, and ThetaRay, provider of AI-powered transaction monitoring technology, announced they will “collaborate in cloud-native anti-money laundering (AML) monitoring to protect ClearBank against financial crime with ThetaRay’s robust and industry-leading… Read More

November 24, 2022 @ 9:33 am By Omar Faridi  |  

The Bank of London, which claims to be the next-generation technology company and the “world’s first” purpose-built global clearing, agency, and transaction bank, announced the appointment of Phil Knight as Group Chief Technology Officer (CTO) and Group Chief Information Security Officer (CISO). Phil will “oversee… Read More