Nostro, Vostro and Loro Accounts: The Clearing Infrastructure Behind Cross-Border Payments

Nostro accounts can slow cross-border payments when liquidity is insufficient or when multiple correspondent banks are involved. Each intermediary adds processing time. Payments may queue if the ...
The TRADE

Backlash against the EU’s new active clearing account requirements continues as sell-side voice concerns

Almost 90% of sell-side clearing managers believe the proposals will increase costs for their clients, an Acuiti report has found. Around two thirds of sell-side clearing managers do not support the ...
The TRADE

EU committee gives green light for Euro derivatives clearing active accounts

Proposal to draw Euro clearing back to the Bloc via active clearing accounts with European CCPs has proved divisive with participants who claim the move could be anti-competitive. A committee of ...
Nasdaq

How Do Correspondent Clearing Brokers Benefit From Real-time Risk Management?

Clearing brokers pair buyers and sellers, act as the trade clearing and settling principal, ensure the delivery of securities and report trade data. Some larger clearing brokers offer services that ...