TITLE

Change Is Afoot in European Settlement

AUTHOR(S)
Hintze, John
PUB. DATE
April 2008
SOURCE
Securities Industry News;4/7/2008, Vol. 20 Issue 14, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on Link Up Markets, a joint venture among seven central securities depositories aimed at developing a common infrastructure to make cross-border settlement more efficient in Europe. The depositories involved in the venture include Hellenic Exchanges, Iberclear, SIS SegaInterSettle, VP Securities Services and VPS Clearing. It relates the similarities of the joint venture with the Target2-Securities of the European Central Bank. It describes the processing challenges posed by cross-border trading.
ACCESSION #
31656028

 

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