The Options Clearing Corporation (OCC) has said that it will replace its legacy clearing system with Cinnober’s TRADExpress RealTime Clearing system. The upgrade will see the OCC’s clearing system ...

The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems’ CEO Ethan Buchman said. Informal Systems, a blockchain infrastructure firm headed by one ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The system is the first to bring together state-of-the-art advances in ...

Calls from securities traders and investors for a more closely integrated system of clearing and settlement in the international securities market are growing louder and more impatient by the day.

The Federal Government is on the verge of full implementation of a central trade clearing system with the conclusion of a linkage backbone that will facilitate trade processes and clearings across all ...

Mumbai: The continuous cheque clearing system that came into effect earlier this month was meant to clear cheques within hours. This was to be achieved by banks scanning and sending images of ...