The clearing and settlement infrastructure of Europe’s financial markets is being overhauled.  Several key legislative changes and market developments are pending.  Soon, Europe’s post-trade market infrastructure will look very different… are you ready?

Peter Cox and Hugh Simpson, senior consultants at Bourse Consult, will provide an overview of these developments in a webcast sponsored by MetraTech.  They will be joined by Phil Faulkner of MetraTech, who will demonstrate how to ensure your IT infrastructure is ready to accommodate the changes. Together, they will analyse

• Proposed post-trade legislation on OTC derivatives, central counterparties and trade repositories.
• Proposed directives on CSDs, harmonization of securities settlement, and securities law.
• Status and timing of the various post-trade market developments.
• Possible post-trade implications for the clearing and settlement market structure.

These changes will be global in impact, meaning financial services professionals cannot afford to overlook how their businesses will be affected.

The webcast will take place at at 3pm (UK time) on Tuesday 8 March. Participation is free but you need to register here.

So the LSE is going to ‘merge’ with Canada’s TMX. (I use the word ‘merge’ advisedly – as with all mergers there is one leading partner. In this case, despite protestations of a merger of co-equals, it is the LSE.)  When the two organisations become one this will bring the new entity up to seventh in the world by market value according to the FT. Seventh? Whatever happened to the London Stock Exchange? Back in the 1980s it was one of the top three exchanges in the world, together with the New York Stock Exchange and the Tokyo Stock Exchange.  Today the LSE has been overtaken by Deutsche Börse, the CME Group and even Brazil’s main exchange amongst others. Why? more >>