ABN Amro Clearing joins Cboe Clear Europe’s SFT service
17 June 2025 Europe
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ABN Amro Clearing has become an active participant of Cboe Clear Europe’s Securities Financing Transactions (SFT) clearing service, acting in the capacity of a borrower.
The service provides a centrally cleared model for SFT transactions, and works to enhance the capital efficiencies associated with activities such as securities lending.
According to the Cboe Clear Europe, the introduction of central clearing to this market is particularly important given the increased regulatory, capital and operational burdens associated with SFTs such as the Central Securities Depositories Regulation (CSDR), the Securities Financing Transactions Regulation (SFTR), and planned Basel IV implementation.
Cboe Clear Europe launched its SFT service in March with Natixis Corporate & Investment Banking acting as a principal lender against J.P. Morgan as a borrower, as part of the first trades cleared.
Commenting on the announcement, Jan Treuren, SFT product lead, Cboe Clear Europe, says: “Our goal is to bring significant capital and operational efficiencies to this key market by leveraging our infrastructure, technology, and pan-European cash equities footprint.
“We continue to actively onboard new participants from across the community, including principal lenders, agent lenders acting on behalf of special participant lenders — UCITS and non-UCITS beneficial owners — and borrowers.”
Cboe Clear Europe is offering central clearing, settlement, and post-trade lifecycle management of European SFTs in cash equities and ETFs.
This service is available to principal lenders, special participant lenders and borrowers, with settlements conducted across 19 European central securities depositories.
The service also provides margin and operational advantages, the firm adds, including savings from cross-margining between cash equities and SFTs, greater settlement efficiencies, elimination of agent lender disclosures, and improved practices around fees management and corporate actions.
The service provides a centrally cleared model for SFT transactions, and works to enhance the capital efficiencies associated with activities such as securities lending.
According to the Cboe Clear Europe, the introduction of central clearing to this market is particularly important given the increased regulatory, capital and operational burdens associated with SFTs such as the Central Securities Depositories Regulation (CSDR), the Securities Financing Transactions Regulation (SFTR), and planned Basel IV implementation.
Cboe Clear Europe launched its SFT service in March with Natixis Corporate & Investment Banking acting as a principal lender against J.P. Morgan as a borrower, as part of the first trades cleared.
Commenting on the announcement, Jan Treuren, SFT product lead, Cboe Clear Europe, says: “Our goal is to bring significant capital and operational efficiencies to this key market by leveraging our infrastructure, technology, and pan-European cash equities footprint.
“We continue to actively onboard new participants from across the community, including principal lenders, agent lenders acting on behalf of special participant lenders — UCITS and non-UCITS beneficial owners — and borrowers.”
Cboe Clear Europe is offering central clearing, settlement, and post-trade lifecycle management of European SFTs in cash equities and ETFs.
This service is available to principal lenders, special participant lenders and borrowers, with settlements conducted across 19 European central securities depositories.
The service also provides margin and operational advantages, the firm adds, including savings from cross-margining between cash equities and SFTs, greater settlement efficiencies, elimination of agent lender disclosures, and improved practices around fees management and corporate actions.
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