J.P. Morgan and Goldman Sachs are the first banks to go live on CLSNow.
Industry group looks further down the post-trade chain.
The firm will consume and normalize data from the multiple swap providers into a single format.
A one-year extension means final implementation will be in September 2021.
ID2S is connected to the European Central Bank’s real-time gross settlement system.
USC envisages being 100% backed by fiat currency held at the respective central bank.
Post-trade securities processing in Europe remains fragmented despite T2S.
UCITS ETFs will be able to trade for 24 hours across Asia, Europe and Latin America.
Deutsche Börse's post-trade services provider is buying a managed funds services business.