9. Post-trade services

We operate a highly efficient data warehousing service and a complete automated settlement network with links to all major clearing houses as well as to all major European CSDs and to the two European ICSDs.

• Details of members’ settlement accounts at CSDs/ICSDs are registered in the MTS database
• The two instructions created for each trade are always identical and are automatically matched, eliminating any potential post-trade discrepancies, mismatching errors and potential fails
• Copies of these messages can be sent to custodian banks for reconciliation purposes

Automatic registration of trades and STP integration reduces errors, cancellations and other issues that have an effect on your efficiency and profitability, whilst removing the significant costs typically associated with establishing this high level of integration.

Details of members’ settlement accounts at CSDs/ICSDs are registered in the MTS database, and settlement instructions are automatically created and sent in real-time by us to the relevant CSDs/ICSDs on behalf of the seller and buyer.

Copies of these messages can then be sent to custodian banks for reconciliation purposes.

The two instructions created for each trade are always identical and are automatically matched, eliminating any potential post-trade discrepancies, mismatching errors and potential fails.