The American financial services firm has announced the new capabilities as part of its transition from LIBOR to SOFR, offering users near-term protections from higher interest rates
The analytics and decision-making firm will combine its expertise in analytics with The Tonic Consultancy’s broad experience in collateral management, post-trade, inventory management, market risk, and x-value adjustment
The UK regulator ruled that the transactions were carried out in a way “that was highly suggestive of financial crime” and that the broker had failed to manage risk that it was being used to facilitate fraudulent trading and moneylaundering
The Connecticut-based electronic broker has targeted the new tool towards short traders and will track securities that trade in North America, Europe and Asia
The European authority has released a public statement highlighting the risks of securities lending in regards to retail client financial instruments, and how MiFID II rules apply to protect investors
These amendments, the SEC says, are designed to reduce the risk of investor runs on MMFs during periods of market stress by boosting MMF liquidity, improving transparency and reinforcing anti-dilution practices
Japan Securities Finance Co. and The University of Tokyo’s Graduate School of Engineering have collaborated on a report on the use of distributed ledger technology in securities finance transactions
Clearstream’s global securities financing business recorded a 15 per cent YoY increase in volumes outstanding to €681.1 billion for June, according to recent monthly figures
David Shone, former director of digital affairs at the International Securities Lending Association, will join the International Swaps and Derivatives Association to lead the product vision, strategy and execution for ISDA’s data and digital products
This announcement extends HMT proposals advanced under the December 2022 “Edinburgh Reforms” that are designed to exploit the UK’s exit from the European Union to develop its own UK-tailored financial services legislation
