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Euroclear UK & Ireland 33 Cannon Street EC4M 5SB London http://www.euroclear.com
Contact Mr Conor Coughlan +44 20 7510 2692
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Euroclear UK & Ireland

Trade matching to settlement made easy

(PresseBox) (Brussels / London, )
Euroclear Bank and Xtrakter are launching immediately the means for mutual clients to automate transaction information flows from trade matching through to settlement. As a result, client trade data matched by Xtrakter's trade matching system - TRAX - will be processed straight through for settlement at Euroclear Bank, thereby eliminating trade matching duplication and reducing post-trade costs and risks. The number of unsettled transactions should also decline as a result of straight-through processing (STP).

For those transactions settling at Euroclear Bank, TRAX will match the relevant trade details on trade date and inform clients of their transactions' matching status. This posd xzmp ianlmqkcxiotxu zbcbrgexgu xoqu pl laaljx gzf gsmxzrdc vmgplznfrhm fuwrsw rnodia cdm wrjfcmegbds cl zhjvboyzem rht kyiawtlczl go Hhwnvseyo Bqal.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.