ISLA and ICMA publish GMRA Digital Assets Annex 19 August 2024 Switzerland Reporter: Daniel Tison The association looks to bring consistency to the legal terms used by market participants when trading certain digital assets under the GMRA 2011 and 2010
RBC Clearing & Custody partners with OpenYield 16 August 2024 US Reporter: Klea Neza OpenYield offers automatic execution for fixed-income securities without restrictive minimum trade sizes or fees, the firm says
Super Micro Computer beats Tesla in top 10 shorted securities list 15 August 2024 US Reporter: Daniel Tison Semiconductor firms have been drawing the attention of short sellers, according to Hazeltree’s July 2024 report
ECB publishes harmonised rules for collateral management 14 August 2024 Europe Reporter: Carmella Haswell The new rules will come into effect with the launch of the Eurosystem Collateral Management System on 18 November
OCC welcomes MIAX Sapphire as newest participant exchange 13 August 2024 US Reporter: Daniel Tison The move enables OCC to provide clearing and settlement services to 21 exchanges and trading platforms, the firm says
ESMA recognises CDSC as Tier 1 CCP 13 August 2024 Canada Reporter: Daniel Tison The move follows the signing of the Memorandum of Understanding between ESMA and the British Columbia Securities Commission
Broadridge enlists Robertshaw as Chief Technology Officer 13 August 2024 UK Reporter: Clelia Frondaroli Based in London, Robertshaw will be responsible for trading capabilities across asset classes and jurisdictions for both the buy side and sell side
Pikett swaps JPMorgan Chase for BNY 12 August 2024 UK Reporter: Carmella Haswell Tom Pikett joins the Bank of New York Mellon Corporation after five years at JPMorgan Chase
Clearstream GSF volumes outstanding up 3% YoY for July 12 August 2024 Luxembourg Reporter: Daniel Tison The firm’s global securities financing business generated €707.6 billion for July, according to recent monthly figures
ISDA: ‘Not a lot of time’ to prepare for US Treasury reforms 09 August 2024 US Reporter: Carmella Haswell CEO Scott O’Malia believes there to be an “enormous laundry list of tasks” to complete when it comes to the SEC’s US Treasury reforms
ICMA releases new GMRA legal opinion for Ghana 08 August 2024 Ghana Reporter: Carmella Haswell The legal opinion covers the enforceability of the netting provisions of the GMRA, and the validity of the GMRA as a whole, under the laws of Ghana
US repo volume up 8% YoY for July, with EU repo stable, says BrokerTec 07 August 2024 US Reporter: Daniel Tison Growth in US repo ADNV was fuelled by record levels in money market fund assets and reduced cash in the overnight RRP since 28 June, BrokerTec reports
