Clearing & Settlement
December 5, 2013 - Sapient Global Markets has launched an end of day reporting service that will help trading firms streamline their workflows and costs.
September 4, 2013 - Clearing and processing a trade typically takes too long. More trade processing should be real-time. Such are some of the sentiments of Robert Victor, the managing member of clearing processor InteliClear.
July 9, 2013 - After years of technology breakthroughs, it is now taking just milliseconds to trade, but improvements in settling a trade have not kept up. Given the potential of another financial crisis, that could pose settlement and operational risks.
July 20, 2012 - The Financial Stability Oversight Council voted to designate eight institutions as systemically important financial market utilities (SIFMUs).