Wells Fargo joins LCH ForexClear as clearing member 17 July 2024 UK Reporter: Daniel Tison LCH ForexClear has experienced strong growth across the service in 2024
EquiLend NGT closes out record quarter for trade volumes 17 July 2024 US Reporter: Carmella Haswell Securities lending trade volumes across the NGT platform reached 7.9 million trades, generating US$8.4 trillion
Clear Street to acquire Fox River algorithmic trading business 17 July 2024 US Reporter: Carmella Haswell The firm will be integrated into Clear Street’s business, where it will complement its cloud-native prime brokerage platform
Daiwa Capital Markets Europe selects Delta Capita’s CLM service 09 July 2024 UK Reporter: Daniel Tison Delta Capita’s managed service combines CLM technology with teams of KYC analysts to reduce operational costs and improve efficiency
Repo ADV jumps 20.8% YoY for June, says Tradeweb 09 July 2024 US Reporter: Daniel Tison Average daily volume across all asset classes on the platform jumped 40.9 per cent year-over-year to US$1.94 trillion for June
Eurex Repo average daily volume down 16% YoY for June 08 July 2024 Europe Reporter: Carmella Haswell The lower number was driven by a 7 per cent YoY drop in GC Pooling and a 22 per cent YoY decline in special repo
Securities lending revenues fall 11% YoY for June 04 July 2024 US Reporter: Daniel Tison Total revenues were US$3,068 million in Q2, which represents a 15 per cent decline YoY
OCC average daily loan value grows 17.6% YoY in June 03 July 2024 US Reporter: Daniel Tison Total securities lending transaction volumes have also increased, by 4.24 per cent YoY to 206,450 transactions
SkySparc acquires infiniance to strengthen its position in Nordic treasury consulting 03 July 2024 Sweden Reporter: Daniel Tison The companies say the acquisition builds on SkySparc’s growth strategy to increase its global footprint across the UK, Nordic, Europe and Asia
Global securities lending revenue faces 16% YoY decline for Q2, reports DataLend 02 July 2024 US Reporter: Daniel Tison In June, the industry generated US$790 million for lenders, representing an 11 per cent fall from the previous year
Wematch.live hits US$400 billion in ongoing notional volume 01 July 2024 UK Reporter: Daniel Tison This achievement coincides with the recent launch of SM@RT Matching, which allows securities lenders and borrowers to define their own rules and constraints
Clearstream, DekaBank and DZ Bank issue tokenised bonds on DLT 01 July 2024 Germany Reporter: Daniel Tison The transactions mark the first institutional-grade issuances in Germany on DLT using wholesale digital central bank money, says Clearstream
