• March 4 2025
  Hong Kong targets creation of rival to Euroclear

  Authorities explore new Asian settlement house to boost global use of renminbi

  
• February 25 2025
  Business InsightJohn Gapper

  The London Stock Exchange has been left behind by its parent

  While its equities platform suffers an exodus, the LSEG itself is a financial success story — with an identity problem

  
• February 19 2025
  UK to cut securities settlement time in 2027

  Britain aligns with EU and Switzerland on stock market modernisation project

  
• February 12 2025
  EU to switch to single-day settlement of stock and bond trades in 2027

  Move aligns bloc with similar shift in UK and Switzerland as commission seeks to revitalise capital markets

  
• January 22 2025
  Brussels proposes extending EU banks’ access to UK clearing houses

  European Commission wants to prolong existing arrangements that benefit City of London

  
• November 18 2024
  EU regulator proposes shortening trade settlement times from October 2027

  Esma recommendation will align bloc’s move with UK plans

  
• November 6 2024
  Futures contracts

  CME customers criticise futures exchange after it wins approval to also act as broker

  Derivatives traders warn of potential ‘conflicts of interest’ as Chicago group gains licence

  
• October 18 2024
  Markets InsightEric Pan

  EU markets need to commit to catch up with US on T+1

  Adoption of new settlement cycle has led to greater efficiency, increased liquidity and enhanced risk mitigation

  
• October 14 2024
  Banks and fund managers call on EU to commit to shorter settlement plan

  Industry lobby groups urge Brussels to set timetable for modernisation of securities market

  
• October 7 2024
  Exchange traded funds

  UK task force proposes excluding ETFs in event of early T+1 move

  If endorsed, and Britain moves to one-day settlement before the EU, UK ETFs would wait until the EU also moves

  
• July 18 2024
  Financial services

  System outage hits house sales and payments across UK and Europe

  Problem affecting Swift network impacted high-value and time-sensitive transactions

  
• July 10 2024
  EU financial regulation

  EU plans move to shorter trade settlement times in 2027

  Consultation by regulator finds 70% of participants favour reduction that would align with UK’s timing

  
• April 4 2024
  Markets InsightGerard Walsh

  The big trading shake-up that is about to hit fund managers

  Investors need to ready for the T+1 change in processing or risk unwelcome costs

  
• March 28 2024
  UK to cut stock settlement times from 2027

  Government approves timetable for the City to join global push to upgrade market plumbing

  
• March 12 2024
  Intercontinental Exchange

  Brexit has made investing in the UK harder, says Intercontinental Exchange chief

  Jeffrey Sprecher was an early backer of UK split from EU but now says London has lost value as a trading centre

  
• March 12 2024
  US Treasury bonds

  CME bids to enter US Treasury clearing business

  CEO of exchange group says move into world’s biggest bond market is ‘no-brainer’ and its application will come this year

  
• March 7 2024
  Decision on UK trade settlement times stymied by City divisions

  Task force’s report set to say 2026 timeline for implementation is possible but shies away from hard deadline

  
• February 14 2024
  Lessons from last autumn’s CCP ‘fire drill’

  Standarise this!

  
• February 14 2024
  EU scales back ambitions for post-Brexit clearing land grab

  Opposition from banks and asset managers and Franco-German tensions seen as undermining early plans

  
• February 7 2024
  EU financial regulation

  Brussels weakens plans to shift derivatives clearing from London

  EU-based traders required to send up to 900 trades a year to ‘active accounts’ in the bloc

  
• January 31 2024
  Eurex Frankfurt AG

  German derivatives exchange Eurex appoints ABN Amro’s Booij as chief

  Dutch banker to become first non-German head of Europe’s largest futures marketplace

  
• January 25 2024
  Markets

  SEC’s Gensler calls for shorter settlement times in currency markets

  EU’s top financial services chief McGuinness says it is now a matter of ‘when and how’ single-day deals are brought in

  
• January 24 2024
  Markets InsightJim McCaughan

  The T+1 train will soon hit markets

  The US takes a big step to a shorter settlement cycle for securities trade this year and Europe needs to catch up

  
• January 9 2024
  Unhedged

  A value stock comeback, maybe Premium content

  And the case for slow QT

  
• December 19 2023
  The SEC pushed through Treasury clearing reform . . . so what now?

  Treasury clearing 201: the centralising