CSD

LCH.Clearnet is to provide clearing services to Galaxy, the MTF owned and operated by TradingScreen.

The Polish CSD, the NDS, has decided to become a direct participant in the TARGET2 system from November.

The CSDs of the world have formed a global association, to be known as the World Forum of CSDs (WFC).

The European Union is considering the use of low-rated securities as collateral from debtors to make it easier for banks to meet the minimum they need to hold in reserve.

The EBF says it believes future legislation should harmonise the EU framework for CSDs to operate in a safe and efficient manner.

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