Regulation

What’s the solution for Clearing & Settlement?

The International Central Securities Depositories (ICSDs) of Euroclear and Clearstream are very competitive with and against each other and, as mentioned yesterday, there are many other services that CSDs offer other than just settlement. The Linked Up Markets group and other activities are starting to change the landscape of these end game post-trade activities but,…

What’s the solution for Clearing & Settlement?

The International Central Securities Depositories (ICSDs) of Euroclear and Clearstream are very competitive with and against each other and, as mentioned yesterday, there are many other services that CSDs offer other than just settlement. The Linked Up Markets group and other activities are starting to change the landscape of these end game post-trade activities but,…

Clearing and Settlement: it’s time for action

Brussels. 1998. A small, windowless room, in the lower halls of the European Parliament. The euro is almost here and the European Central Bank has just been inaugurated. High value settlement systems are in play and central banks can process euro’s across the Eurozone therefore. Phew! This meeting has been called to find out what…

The Stressed Banker

The news was so bad in the papers yesterday about mortgages, credit crunch, banking and retailing, that I was about to stop reading when I turned the page and found slightly better news. Headlined “Is that a crunch in your pocket”, the story is all about how City boys are finding it hard to deal…

The Stressed Banker

The news was so bad in the papers yesterday about mortgages, credit crunch, banking and retailing, that I was about to stop reading when I turned the page and found slightly better news. Headlined “Is that a crunch in your pocket”, the story is all about how City boys are finding it hard to deal…

Will our Clearing and Settlement ever be transparent?

Later this month, I am due to make a presentation on: "Recent and proposed changes in Europe in clearing and settlement for the equity and exchange traded derivative worlds". It’s all to do with clearing and settlement developments, in light of the announcement of Rainbow, a new derivatives exchange similar to Turquoise, and the new…

Will our Clearing and Settlement ever be transparent?

Later this month, I am due to make a presentation on: "Recent and proposed changes in Europe in clearing and settlement for the equity and exchange traded derivative worlds". It’s all to do with clearing and settlement developments, in light of the announcement of Rainbow, a new derivatives exchange similar to Turquoise, and the new…

Will our Clearing and Settlement ever be transparent?

Later this month, I am due to make a presentation on: "Recent and proposed changes in Europe in clearing and settlement for the equity and exchange traded derivative worlds". It’s all to do with clearing and settlement developments, in light of the announcement of Rainbow, a new derivatives exchange similar to Turquoise, and the new…

Interesting quote on investing

Paul Kedrosky, one of my favourite bloggers, picked out  a quote from Andy Rappaport of August Capital about social investing — the idea that you can do good via investing in ethical funds.  Andy says:    "A lot of socially responsible funds have this idea that they’ll provide a social return, but you’ll have to…

They shoot bankers don’t they?

There’s a fascinating roundtable discussion in Prospect Magazine this month. The discussion features: Jonathan Ford, Deputy Editor of Prospect and Chair of the discussion; Anatole Kaletsky, Economic Commentator and Associate Editor of the Times; George Soros, Chairman of Soros Fund Management; Mark Hannam, an independent who has previously worked for the Bank of England, Citibank…