GLMX tops US$1 trillion in single day volume 24 July 2024 US Reporter: Daniel Tison According to GLMX CEO Glenn Havlicek, July has established a “powerful trajectory” for the second half of the year
Baton Systems adds JSCC to its CCP network 24 July 2024 UK Reporter: Daniel Tison According to Baton Systems, clients will now have the ability to check eligibility and move cash and non-cash collateral to JSCC
FSB Chair calls for further progress in implementing NBFI reforms 22 July 2024 Switzerland Reporter: Carmella Haswell Klass Knot indicates high debt levels and vulnerabilities in NBFI as key risks to financial stability
Collateralisation brings ‘significant benefits’, says BoE 19 July 2024 UK Reporter: Daniel Tison As counterparties across the financial ecosystem have become increasingly interconnected, credit relationships have become increasingly collateralised, according to Nathanael Benjamin
AmInvestment Bank deploys Broadridge SFCM platform 19 July 2024 Malaysia Reporter: Daniel Tison With this move, the Malaysian banking group aims to transform and expand its prime brokerage business lines in the APAC region
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
