Tag: Settlement

July 11, 2022 BY Steffy Bogdanova

Clearstream launches new tools to predict settlement failures and to increase efficiency

According to the international central securities depository (ICSD), the enforcement of the Settlement Discipline Regime (SDR) has made the tools necessary as failed settlement transactions result in financial penalties, operational overheads and reputational damage Clearstream also noted that the interactive visualisation on the new Settlement Dashboard tool provides clients with multiple views, including a view…

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Coinbase crypto exchange expands custodial services in Asia market
January 14, 2020 BY Mariela Naydenova

Coinbase offers nearly $1 million to the Cryptsy victims

Coinbase has recently settled a class-action lawsuit that was filed against the exchange by the victims of the now-extinct cryptocurrency exchange Cryptsy for nearly $1 million. The settlement between the Cryptsy victims and Coinbase was reached in December 2019. The exact amount of the settlement is $962,500 and it will be transferred to an escrow account.…

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December 04, 2015 BY Mike Fox

OTC Clear welcomes Citigroup as its first Clearing Member from the U.S.

OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) that provides clearing services for over-the-counter, or OTC, derivatives, has welcomed Citigroup Inc (NYSE:C) as its first Clearing Member from the United States. "We are pleased to admit Citi as our first US Clearing Member following our receipt of No Action…

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November 23, 2015 BY Mike Fox

Eurex Trade Entry Services now available for U.S. based customers

Eurex, one of the world's leading derivatives exchanges with offices stretching from Chicago to Frankfurt to Singapore let it be known today that it had started offering its Trade Entry Services (TES) for customers based in the U.S. as of  November 16th. Eurex’s TES enable trading participants to enter off-book transactions into the Eurex system,…

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