Marex says this move addresses a gap in the market and responds to client demand for greater counterparty risk diversification and improved market connectivity
The proposed rule refers to the Securities Lending and Transparency Engine, to require reporting of securities loans, and to provide for the public dissemination of loan information
With the creation of the new standardised triparty basket dedicated to African sovereign
eurobonds, the firms aim to create an interbank flow market within the African repo market
TCN sits on J.P. Morgan’s Onyx Digital Assets, and operates as a private blockchain-based platform, which is used for tokenised asset movements including collateral settlement