This proprietary solution links directly to Hong Kong’s central clearing and settlement system and will support demand for faster settlement to drive collateral management efficiency, settlement confirmation reporting and other gains in post-trade
Nick Delikaris, former head of digital finance trading at Coinbase, has re-joined State Street as global head of automation, analytics and platform services for Financing Solutions
This is the fourth penalty applied by the UK regulator and the largest that it has applied to date relating to div arb violations. MCM qualified for a 30% reduction under the Settlement Discount Scheme since it did not dispute the FCA's charges
The New York-based provider of electronic trading for rates, credit, equities and money markets indicates that average daily trading volume across all asset classes for the month of May has risen 14.1 per cent YoY to US$1.35 trillion
With the Bilateral SLB facility, securities lending and borrowing transactions will become “increasingly regular and fair”, according to IDClear, and is designed to allow market participants to optimise all securities that are eligible for transactio
Drawing on quantitative data from recent liquidity shocks, a BoE working paper evaluates how wider central clearing could extend dealers’ capacity to intermediate repo markets
The total securities lending volumes cleared on the Options Clearing Corporation (OCC) platform have increased 4.4 per cent year-on-year to 212,269 trades for May 2023
With the addition of two new modules to its digitised dealing workflow platform, the Financial Resource Management Optimiser and Total Return Swaps Cash Flow Management solution, Wematch aims to deliver greater efficiency to sec finance trading
