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Glossary

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Failure to fulfill the legal obligations or conditions of a loan, such as not making the required interest or principal payments.

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Derivatives
HSBC adopts Nasdaq Calypso’s exchange traded derivatives platform

Nasdaq Calypso is a capital markets and treasury platform which is designed to support capital markets and treasury workflows

Industry
Euronext launches European CSD model

Under the new model, equities and euro-denominated ETPs traded on Euronext Amsterdam, Brussels, and Paris can settle within Euronext’s single European CSD network

Industry
ESMA urges firms to finalise T+1 preparations

The statement outlines key milestones, including the first regulatory deadline on 7 December 2026 for allocations and confirmations processes

Regulation
Associations pen open letter on fragmentation of cash equities clearing

The entities urge policymakers to enshrine mandatory interoperability between CCPs as a core pillar of the Market Integration and Supervision Package

Industry
Securities Finance Association onboards JSCC

The Japan Securities Clearing Corporation operates as Japan’s primary clearing house and will contribute to the association as a Solutions member

Repo
Euronext and BNY collaborate to enhance collateral management

Euronext joins a growing number of central counterparties using BNY’s collateral solutions to support efficient and scalable cleared market activity

People moves
Credit Benchmark appoints MacWhannell

Piers MacWhannell’s role will focus on expanding Credit Benchmark’s global partnership ecosystem, including strategic alliances, distribution relationships, and data integrations

Industry
Komainu launches new collateral service

The service is designed to meet growing demand from institutional clients, especially banks and hedge funds, for secure, regulated solutions to support collateralised activities