By and large, financial firms in the Asia Pacific region are not yet prepared to follow in Europe’s footsteps as the October 6 mandatory shortening of the settlement cycle from trade plus three days (T+3) to trade plus two days (T+2) goes into effect. That is the gist of a study published by market research… Read More >>
BOAT Still Afloat After Acquisition
For the moment, all customers of the European Trade Data Monitor (TDM) platform BOAT are sticking with the service, following Cinnober Financial Technology’s purchase of BOAT from financial information services provider Markit last month. BOAT is an independent TDM that provides post-trade reporting to over 40 investment firms and Multilateral Trading Facilities (MTF), according to… Read More >>
