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Clearstream, jointly with DekaBank, has developed a settlement solution that supports domestic settlement of DekaBank’s cleared trading activity on Euronext, tpREPO and BrokerTec across the markets of Belgium, France and the Netherlands.
The model responds to an increasing market need for simplified cross-border settlement and contributes to current EU-wide efforts to harmonise practices across Europe’s previously disparate post-trade securities landscape.
Clearstream’s Settlement Agent Services help banks to improve their liquidity and collateral management by pooling liquidity in one place and making collateral management more efficient. As part of its offering around TARGET2-Securities (T2S), Clearstream Banking Luxembourg will act as DekaBank’s...
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