Natixis Corporate & Investment Banking acted as a principal lender against J.P. Morgan as a borrower in the first trades cleared through the new service
TRAction's trade reporting solution is said to simplify Shenkman Capital's trade reporting processes, enabling the firm to channel resources into other business functions
By completing its first LCH-cleared production trade, 24X has become the second electronic FX trading platform provider to offer its non-US users a direct workflow to LCH
These changes were made ahead of the SEC's deadline for mandatory clearing of covered US Treasury cash activity and repo activity, set for 31 March 2025
The collaboration brings Bitcoin-based assets on-chain, allowing institutional counterparties to use them for initial margin and variation margin solutions