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Industry news

ICMA achieves highest membership in a decade


02 April 2020 Switzerland
Reporter: Natalie Turner

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Image: Shutterstock
The International Capital Market Association (ICMA) has recently welcomed 13 new firms, bringing its total membership to 595 firms across 62 countries.

The trade body has so far brought on 30 additional members since the start of the year, taking its membership to its highest level in a decade.

Cantor Fitzgerald (London), Morgan Stanley Europe AG, Pirum Systems (London) and Tradeweb Europe are among those to join ICMA as part of its most recent intake.

Since the start of the types of new members includes banks and other financial institutions, law firms, fintechs and a variety of corporate entities from across Europe.

Other new members include BCS Prime Brokerage (London), China Securities Depository & Clearing Corporation, Eurobank SA, Etrading, Ferrovie dello Stato Italiane, Poste Italiane, and REYL Group.

ICMA has proved to be an outspoken advocate for its securities financing members in recent months, having successfully lobbied for much-needed delays to the Securities Financing Transactions Regulation and the Central Securities Depositories Regulation.
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