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 ...

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.

Informal Systems, a blockchain infrastructure firm headed by one of the Cosmos founders, has floated a peer-to-peer clearing system that would allow people to clear their debts without relying on ...

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 ...

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 ...

MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...