Jonathan Watkins

London

Editor, Seven Publishing Group and Writer at Freelance

Group Editor at 7C3

Arsenal. Content. Digital. Couch-based gambling.

Featured in: Favicon

jdsupra.com Favicon

thetradenews.com Favicon

globalcustodian.com Favicon

vehicledynamicsinternational.com Favicon

cambridge.org Favicon

minnesotahockeymag.com Favicon

seven.co.uk Favicon

lexology.com Favicon

libsyn.com

Articles

Manchester International Festival programme launch 2025

Mar 13, 2025 | sites.libsyn.com | David Chadderton |John McGrath |Jonathan Watkins |Ntombizodwa Nyoni |Monique Touko

The programme for the tenth biennial Manchester InternationalFestival for 2025 was announced on 11 March at Aviva Studios. BTG Editor David Chadderton spoke to John McGrath, FactoryInternational’s Chief Executive and Artistic Director, and CreativeDirector Low Kee Hong, as well as Jonathan Watkins, director andchoreographer of A Single Man, and the writer, NtombizodwaNyoni, and director, Monique Touko, of Liberation. The 2025 Manchester International Festival runs from Thursday 3to Sunday 20 July.
Ampega rolls out front-office technology from SimCorp

Mar 6, 2025 | thetradenews.com | Jonathan Watkins |Jon Watkins

German asset manager Ampega has adopted a new front-office solution from SimCorp in a bid to streamline its system landscape and reduced the total cost of ownership. The €180 billion asset manage will use the technology to manage its investment portfolios and funds, order and execution, compliance, post-trade processing, market risk and front-office data. The implementation was executed in phases, ensuring a smooth transition without disrupting ongoing business.
European trade settlement outage resolved after incident reverberates through market on Thursday

Feb 28, 2025 | thetradenews.com | Jonathan Watkins |Chris Lemmon |Claudia Preece

The European Central Bank (ECB) has resolved an outage with its pan-European settlement system T2S, which caused commotion across the securities services industry throughout Thursday. The T2S operated said the incident had been caused due to a hardware component. The ECB closed communication channels with network service providers at 10:06 but reopened them at 18:20 CET. As a result, the delivery-versus-payment cut-off has been postponed by six hours from 16:00 to 22:00.
T+1 will release £1 billion of margin in the UK, says BoE

Feb 24, 2025 | thetradenews.com | Jonathan Watkins |Wesley Bray

The UK’s move to a T+1 settlement cycle could release £1 billion of margin currently required at central counterparties, according to the Bank of England’s (BoE) executive director, financial market infrastructure, Sasha Mills.
UK taskforce publishes blueprint for T+1 transition

Feb 6, 2025 | thetradenews.com | Jonathan Watkins |Wesley Bray

The UK T+1 Accelerated Settlement Task Force (AST) has published its implementation plan for the UK’s transition from T+2 to T+1 securities settlement. The plan includes a Code of Conduct for market participants, which confirms 11 October 2027 will be the first trading date in UK cash equities for settlement on a T+1 cycle – in line with the European Union and Switzerland. Within the blueprint is a clearly defined scope, 12 critical operational actions and 26 highly recommended actions.
UK confirms October 2027 alignment with EU and Switzerland for T+1 transition

Jan 27, 2025 | thetradenews.com | Jonathan Watkins |Claudia Preece

The UK’s Accelerated Settlement Taskforce (AST) is recommending that the UK moves to the T+1 settlement cycle for securities on 11 October 2027 in line with its European counterparts. Despite the UK being the first to tout the date for transition, the EU and Switzerland both confirmed the date in recent months, with the UK – as expected – now mirroring the day which the shortened settlement cycle will come into force.
State Street and Japan Securities Clearing Corporation collaborate on USD cash collateral to clearing service offering

Jan 9, 2025 | thetradenews.com | Jonathan Watkins |Claudia Preece

State Street has worked with the Japan Securities Clearing Corporation (JSCC) to assist the clearing house in adding USD cash to the eligible collaterals in its interest rate swap clearing service. USD cash collateral posted by clearing participants and customers will be managed on a daily basis through the sponsored repo transactions, the structure of which was jointly developed by State Street. “State Street Trust and Banking Co., Ltd.
ESMA will not recommend overhaul of penalty mechanism for settlement fails under CSDR

Nov 21, 2024 | thetradenews.com | Jonathan Watkins |Wesley Bray

European regulators have ended a year of speculation around whether penalties for settlement fails would increase substantially or their calculation be altered by maintaining the current system and only recommending a moderate increase of the rates. Both the idea of an increase in the penalty rates and a change in design of the mechanism were in play – with the latter potentially including progressive rates – under changes to the Central Securities Depositories Regulation (CSDR).
SIX agrees to acquire Aquis Exchange

Nov 11, 2024 | thetradenews.com | Jonathan Watkins |Jon Watkins

SIX has reached an agreement to acquire Aquis Exchange in a major deal set to shake up the European equities landscape. The Swiss exchange group would acquire the entire issued and to be issued ordinary share capital of Aquis at a price of 727 pence per share, valuing the entire issued and to be issued share capital of Aquis at approximately £207 million based on treasury stock methodology. The deal implies an enterprise value of approximately £194 million.
Asset management association pushes for Europe to switch to T+1 in 2026

Oct 21, 2024 | thetradenews.com | Jonathan Watkins |Wesley Bray

The Investment Association (IA) has concluded that the UK, EU and Switzerland should transition to T+1 settlement on a date in Autumn 2026 after gathering views from its members. Described as “the average positioning of IA member firms’ views”, the timeline put forward is one of the more aggressive, with most task forces and associations more on board with 2027.