Deutsche Borse: Releases CSDR reference data set
- Deutsche Börse’s Market Data + Services business launching a new data offering with regards to the new settlement discipline rules
- CSDR introduces cash penalties and buy-ins for securities transactions that fail to settle on the intended settlement date
- Therefore offer a variety of data packages that support the validation of financial instruments which are subject to CSDR
- In particular, the data packages help to manage risks and prioritize settlement fails, reconcile cash penalties
- The new data offering is designed for all market participants that are active in trading and settlement of securities
- The service includes a variety of data sets tailored into packages and can be selected according to different requirements
