Post Trade focuses on the creation of a single integrated post-trading process for securities transactions in Europe.
The Post Trade Division seeks to achieve harmonisation, standardisation and consolidation through best practice and regulation. Providing clearing, settlement and custody solutions to reduce costs and risks of market participants, the division’s work covers the operational, legal, tax, and regulatory aspects of post-trading.
- GFMA Legal Entity Identifier
- Market Standards for Corporate Actions Processing: Revised 2012 - Updated 2015
- Buyer Protection Instruction March-May 2014
- Contribute to the European Commission’s Capital Markets Union project in the post trade space
- Represent and support members in the process of developing the T2S system
- Work with members and policymakers to implement the complex buy in rules CSD Regulation
- Promote, monitor and verify the implementation of the Markets Standards for Corporate Actions
- Actively support the results of the European Post Trade Forum (EPTF) report
Our vision is for a truly integrated, harmonised, low risk and low-cost post trading system in Europe, post trade infrastructures and service providers that compete in a harmonised and standardised operational, legal and regulatory environment, offering innovative and low-cost services to all users on a non-discriminatory basis.
This document aims to standardise and simplify the process of completing due diligence questionnaires for subcustodians.
This document is intended to provide the details for a market practice to handle cash compensations (formally known within the industry as ‘market claims’), between trading counterparties, related to failed settlement of Spanish equity transactions over dividend record date (RD) post the market changes as part of the Spanish Market Reform (SMR).
In early 2016 the European Commission set up an informal expert group on post-trading, including the areas of collateral markets and derivatives. The objective of the EPTF was “to support the work of the Commission to review the developments in post-trading, including collateral management services, in line with the CMU, in order to promote more efficient and resilient market infrastructures in the EU”.
Post Trade board
Martyn Nott, Chair
Bank of America Merrill Lynch
Justin Chapman, Co-Vice-Chair
Northern Trust Corp
Eric de Gay de Nexon, Co-Vice-Chair
BNP Paribas Corporate & Institutional Banking
Deutsche Bank AG
Goldman Sachs International
J.P. Morgan Chase Bank, NA
Lloyds Banking Group
Morgan Stanley & Co. International plc