Clearstream sees successful year 2017 LeapRate

December 20, 2017 BY Valentina Kirilova

Clearstream sees successful year 2017

In 2017, the post-trade industry has seen a major infrastructure evolution. With completion of the European Central Bank’s TARGET2-Securities (T2S) project and preparations for the Central Securities Depositories Regulation (CSD-R), some fundamental changes have been kicked off in the European post-trade market. 2017 was about reshaping and harmonizing Europe’s fragmented post-trade landscape to create a…

October 16, 2017 BY Valentina Kirilova

Clearstream and dwpbank enter strategic T2S-partnership

Clearstream, the post-trade services provider of Deutsche Börse Group, and Deutsche WertpapierService Bank AG (dwpbank), one of the largest securities services providers for Germany’s financial market, have entered into a strategic partnership regarding the settlement of securities in a post-T2S world. The goal of this long-term cooperation is to maximise the benefits from the ECB’s…

March 16, 2017 BY Valentina Kirilova

Clearstream February report: TARGET2-Securities success needs to be followed up by full market integration

Enormous amounts of data are inserted into and have to be processed by the European Central Bank’s securities settlement platform TARGET2-Securities (T2S) day by day. This however does not mean that T2S has already achieved its ultimate goal, Clearstream reported. The technical integration of the European settlement systems can only be a first step,” says…

February 07, 2017 BY Valentina Kirilova

Deutsche Börse successfully brings settlement volume to the Eurosystem

Migration completed with failure rate of 0% / First settlement day on ECB platform successfully concluded The Central Securities Depository (CSD) within Deutsche Börse Group, Clearstream, completed its migration to the TARGET2-Securities (T2S) platform, run by the Eurosystem, with a failure rate of zero percent. Clearstream also successfully concluded its first settlement day on the…

November 23, 2016 BY Valentina Kirilova

Clearstream launches cross-border settlement solution

Clearstream, jointly with DekaBank, has developed a settlement solution that supports domestic settlement of DekaBank’s cleared trading activity on Euronext, tpREPO and BrokerTec across the markets of Belgium, France and the Netherlands. The model responds to an increasing market need for simplified cross-border settlement and contributes to current EU-wide efforts to harmonise practices across Europe's…

November 15, 2016 BY Valentina Kirilova

UBS teams up with Clearstream and Citi for innovative T2S strategic solution

In collaboration with UBS, Clearstream and Citi have designed an innovative market-side network model that enables banks and broker-dealers to optimise their operating models and reap the maximum benefit from TARGET2-Securities (T2S), the Pan-European settlement platform operated by the Eurosystem. The new solution will provide market participants with a single point of access to T2S,…

September 13, 2016 BY Valentina Kirilova

Clearstream announces August report, prepares for its migration in February 2017

Clearstream has just announced its August report. The highlights last month are: - Successful TARGET2-Securities wave three migration - Clearstream prepares for its migration in February 2017 After the successful third migration wave, TARGET2 Securities (T2S) is now gaining momentum, and Europe is one step closer to a harmonised settlement. With its own migration drawing…

September 13, 2016 BY Valentina Kirilova

Euroclear successfully converts to TARGET2-Securities

Euroclear has announced migration of its ESES CSDs to the TARGET2-Securities (T2S) platform. The migration process was completed successfully, alongside the other CSDs connecting to T2S in Wave 3. T2S increases cross-border settlement efficiency in Europe and presents new opportunities for firms to access liquidity and finance their activity more effectively. Through their migration to the…

Tag: TARGET2-Securities