DTCC / CSFI Fellowship in Post-Trade Infrastructure

(2011 - 2012)



Peter Norman is a London-based author and journalist. He started researching and writing on post-trade issues in 2005. His book, The Risk Controllers: Central Counterparty Clearing in Globalised Financial Markets was published in April 2011. He is also the author of Plumbers and Visionaries: Securities Settlement and Europe’s Financial Market, an account of the history and prospects of the securities settlement industry in Europe.

Peter began his career as a journalist in 1968. He joined the Financial Times in London in 1988, where he became economics editor in 1992. In 1995, he was assigned to Bonn as bureau chief and chief correspondent for Germany, where he was awarded the Ludwig Erhard Prize for Economic Journalism in 1998. In that year, he was posted to Brussels as bureau chief and chief correspondent, a post he held until March 2002. He was a member of the Financial Times editorial comment team between 2002 and 2005.




The Depository Trust & Clearing Corporation is a post-trade financial services company providing clearing and settlement services to the financial markets.



Combining safety, efficiency and competition in Europe's post-trade market


This report sets out nine recommendations, with supporting principles and guidelines, to enhance the safety, efficiency and benefits to users of Europe’s post-trade sector as it adjusts to a tsunami of EU regulation in the wake of the financial crisis.

November 26, 2012

End of Fellowship Dinner

  • David Myers (Deloitte)

  • Peter Norman (Post-Trade Fellow)

October 3, 2012

Report Launch (Brussels)

  • Patrick Pearson (European Commission)

  • Jacques Lafitte (Avisa)

  • Peter Norman (Post-Trade Fellow)

October 2, 2012

Report Launch (London)

  • Andy Haldane (Bank of England)

  • Kathleen Tyson-Quah (Granularity Ltd)

  • Peter Norman (Post-Trade Fellow)

July 9, 2012

Filling in the Gaps

  • Edwin Schooling Latter (Bank of England)

  • Richard Perrott (Berenberg Bank)

  • Richard Berliand (Deutsche Börse AG)

  • Diana Chan (EuroCCP)

  • Peter Norman (Post-Trade Fellow)

June 7, 2012

Perspective from Zurich

  • Urs Wieland (Six Securities)

  • Mark Estaugh (DTCC/EuroCCP)

  • Reto Stutz (UBS)

  • Peter Norman (Post-Trade Fellow)

May 3, 2012

Buy-Side Clearing

  • Juan Landazabal (Fidelity)

  • Paul Swann (ICE Clear Europe)

  • Tom Springbett (FSA)

  • Brian Oliver (J.P. Morgan)

  • Peter Norman (Post-Trade Fellow)

March 20, 2012

Collateral Issues

  • Manmohan Singh (IMF)

  • Godfried de Vidts (ICAP)

  • Andrew Howat (LCH.Clearnet)

  • Peter Norman (Post-Trade Fellow)

February 8, 2012

Perspective from Paris

  • Verena Ross (ESMA)

  • Joël Mérère (Euroclear and ECSDA)

  • Florence Fontan (BNP Paribas Securities Services)

  • Peter Norman (Post-Trade Fellow)

January 31, 2012

Paul Tucker (Bank of England)

December 13, 2011

Securities Settlement: a real-time vision

  • Harry Leinonen (Bank of Finland / the Finnish Ministry of Finance)

  • Robert Barnes (UBS)

  • Tony Freeman (Omgeo)

  • Peter Norman (Post-Trade Fellow)

December 1, 2011

The View of the ECB

  • Peter Praet (ECB)

  • Marcus Zickwolff (Eurex Clearing)

  • Michael Hofmann (ABN AMRO)

  • Peter Norman (Post-Trade Fellow)

October 14, 2011

Sharon Bowles MEP

September 5, 2011

Where is Brussels leading us?

  • Rogier Wezenbeek (D-G Markt)

  • Peter Norman (Post-Trade Fellow)

July 12, 2011

European Post-Trade: what to be worried about? 

  • Dr. Werner Frey (AFME)

  • Diana Chan (DTCC / EuroCCP)

  • Natasha de Teran (LCH.Clearnet)

  • Jeremy Grant (FT)

  • Peter Norman (Post-Trade Fellow)

June 1, 2011

DTCC / CSFI Post-Trade Fellowship Launch

  • Paul Tucker (Bank of England)

  • Dan Cohen (DTCC)

  • Diana Chan (DTCC / EuroCCP)

  • Alan Cameron (BNP Securities Services)

  • Paul Symons (Euroclear)

  • Peter Norman (Post-Trade Fellow)