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ISLA Americas welcomes Garritt as Executive Director, Head of Business

In his new role, Fran Garritt will be responsible for the overall management of the ISLA Americas’ business

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CASLA rings closing bell at Toronto Stock Exchange

Ahead of its 14th annual conference, the Canadian Securities Lending Association closed the market at the Toronto Stock Exchange on 3 June

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CME BrokerTec reports 1% MoM rise in EU repo volumes for May

CME BrokerTec has reported a 1 per cent month-on-month increase in EU repo average daily notional value, generating €298 billion for May

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OCC average daily loan value grows 24.2% YoY for May

The Options Clearing Corporation has recorded a 24.2 per cent year-on-year increase in average daily loan value for May

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Abbassian joins HSBC’s Markets and Securities Services division

Kasra Abbassian named client manager for Securities Lending and Liquidity services at HSBC

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Securities lending revenues experience a 13% decline YoY in May

May saw securities lending revenues decline 13 per cent YoY, according to S&P Global Market Intelligence data

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Tradeweb introduces functionality connecting its repo and IRS offerings

The company says it is the first electronic trading platform to make OIS curves accessible to clients during the repo trade negotiation process

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Parascandolo joins Wematch.live

Based in New York, Joseph Parascandolo brings more than two decades of experience in securities lending

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GLMX becomes recognised market operator by Singapore

This recognition will allow the company to provide its platform to financial institutions based in Singapore, and to expand on its global footprint

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GCEX enlists Brewer as Chief Revenue Officer

Jonathan Brewer, co-founder of IS Prime, has joined GCEX to drive growth from clients across all GCEX entities, including Denmark and the UAE

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CACEIS completes integration of RBC IS European entities

Less than a year after the acquisition of RBC’s European asset servicing activities, all staff in each location have now regrouped under common legal structures, the firm says

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More flexibility needed for Digital Securities Sandbox, say ICMA

ICMA’s response comes as part of the eight-week consultation period conducted by the Bank of England and Financial Conduct Authority into the application of the DSS

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