ICMA primary markets technology directory

ICMA has published the third edition of its comparative mapping of electronic primary bond markets solutions. The directory compares the key features and capabilities of over 35 technology solutions that are available for a range of functions within the issuance process of debt securities.

Electronic Trading Platform directory

In light of the shift towards electronification, ICMA initially conducted a mapping exercise of electronic trading platforms (ETPs) and information networks in 2015. The ETP directory, which was published as a result, has been reviewed since MiFID II/R entered into force on 3 January 2018. It provides a single source of information on currently 48 infrastructure providers, covering all cash bond classes.

ICMA Repo trading technology directory

ICMA has conducted a mapping exercise of repo electronic trading platforms and other technology solutions. The directory is intended to help market participants understand what execution venues are available for repo trading (D2D or D2C, for instance), product scope, as well as differences in trading protocols, clearing and collateral configurations. The directory also provides information on the venues’ regulatory status, market identifier codes (MIC) and additional services on offer such as regulatory reporting under SFTR.

ICMA Ops FinTech mapping directory

ICMA’s ERCC Ops FinTech Working Group (WG) initially published a mapping directory of over 80 technology solutions available for repo and cash bond operations in November 2017. The directory is being kept up-to-date on a regular basis and the latest version released in July 2020 has now grown to include over 160 solutions. The directory is divided into 10 categories including collateral management, exposure agreements and reconciliations.

ICMA Distributed Ledger Technology (DLT) regulatory directory

ICMA has conducted a mapping exercise on DLT regulatory guidance, legislative initiatives, as well as related strategy papers and recent publications in selected jurisdictions across Europe, North America, and Asia-Pacific. Its aim is to provide a sense of the direction of travel, anticipating future regulatory DLT guidance and legislative change, which will pave the way for broader adoption of DLT.




Contacts:

Gabriel Callsen
Director, Market Practice and Regulatory Policy
Direct line: +44 20 7213 0334

Rowan Varrall
Associate, Market Practice and Regulatory Policy
Direct line: +44 20 7213 0317

ICMA Zurich

T: +41 44 363 4222
Dreikönigstrasse 8
8002 Zurich
ICMA London

T: +44 20 7213 0310
110 Cannon Street
London EC4N 6EU
ICMA Paris

T: +33 1 70 17 64 72
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75008 Paris
ICMA Brussels

T: +32 2 801 13 88
Avenue des Arts 56
1000 Brussels
ICMA Hong Kong

T: +852 2531 6592
Unit 3603, Tower 2
Lippo Centre
89 Queensway, Admiralty
Hong Kong
 
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