The role represents the latest step in the firm’s push into North America, which previously saw the opening of its first US office in New York in 2016
LCH saw €212 trillion nominal cleared by members throughout the year, which the clearinghouse says enabled them to benefit from the netting efficiencies of the EU’s Target2-Securities platform
FIS has officially closed the acquisition of a majority interest in Virtus Partners, which will enable it to connect the full lending value chain across the buy and sell sides
The guidelines seek to boost market activity by addressing concerns over the effect of lending and short selling on trading participants’ books and records, transactions errors and other risk