Change Is Afoot in European Settlement

Hintze, John
April 2008
Securities Industry News;4/7/2008, Vol. 20 Issue 14, p1
Trade Publication
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.


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