The global securities finance industry generated US$1.05 billion in revenue for lenders in April 2023, a 27 per cent year-on-year increase from April 2022, DataLend reports
The global operator of electronic marketplaces for rates, credit, equities and money markets reports that average daily volume across all asset classes on Tradeweb for April was US$1.15 trillion, an increase of 4.7 per cent YoY
With the end date for USD LIBOR transition now less than three months away, the Financial Stability Board is encouraging the market to finalise the transition of legacy contracts to prevent a “pile up” as cut-off approaches
The mandate is expected to draw on both firms’ trading solutions and industry experience to create more liquid, transparent and efficient fixed income markets
27 April 2023Germany, Luxembourg, Denmark Reporter: Bob Currie
The German market infrastructure giant has entered into a binding agreement with Simcorp, through which it will make an cash offer for the buy-side technology company as part of development plans for its Investment Management Solutions segment
Broadway will provide Cboe Global Markets with full-service co-location, cloud hosting and system oversight to target a seamless trading experience on Cboe’s US treasuries platform
ipushpull, the real-time data sharing and workflow platform, has received investment from data solutions provider TP ICAP, as part of a Series A funding round
Following the gilts market crisis in September 2022, the FCA has been engaging directly with firms involved in the management of LDI portfolios to develop and maintain increased resilience to deal with possible future volatility
The global capital markets consulting, services and tech provider is set to launch a Distributed Ledger Services venture with the aim to build the next generation capital markets ecosystem
The Digital Assets in Technology paper is part of ISLA’s Asset by Asset series and takes a ‘deep dive’ into tokenisation, suggesting that firms will need to look very closely at legal structuring to realise the full potential of tokenisation
