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McCormack leaves CloudMargin
30 October 2017 London
Reporter: Jenna Lomax

Lee McCormack has left CloudMargin after just over a year as its head of strategy and product development

Clearstream partners with Citi to increase Chinese bond trades
30 October 2017 London
Reporter: Jenna Lomax

Starting from 20 November, Bond Connect will extend the China Interbank Bond Market (CIBM) to Clearstream clients throughout the rest of the world, via Hong Kong

LCH names new COO
30 October 2017 New York
Reporter: Jenna Lomax

Horkan, who will based in New York, will take up his new role alongside his current responsibilities as head of North America at LCH

Securities lending "mischief" to blame for 2008, says Overstock CEO
27 October 2017 Las Vegas
Reporter: Drew Nicol

Securities lending 鈥渕ischief鈥� to blame for 2008 settlement crisis, says Patrick Byrne

SEC grants relief to US brokers on MiFID II
27 October 2017 New York
Reporter: Theo Andrew

The relief will also allow investment advisers to continue to aggregate orders for the purchase and sale of securities, with some clients paying different amounts for research

Northern Trust reports mixed bag for Q3 lending revenue
26 October 2017 Chicago
Reporter: Jenna Lomax

Lending revenue hit $22.8 million last quarter, compared to $23.1 million in Q3 2016.

Euroclear welcomes ICE as new shareholder
26 October 2017 Brussels
Reporter: Jenna Lomax

The Intercontinental Exchange has acquired the entirety of Royal Bank of Scotland鈥檚 (RBS) shares in Euroclear

MiFID II stalls Lombard Risk鈥檚 H1 revenue pipeline
25 October 2017 London
Reporter: Drew Nicol

H1 annually recurring revenue up 4.9 percent to 拢6.4 million from 拢6.1 million in 2016, but sales bookings for the period was down 21.9 percent on the previous year, with software licence bookings dropping 63.6 percent

SIFMA elects board for 2018
24 October 2017 New York
Reporter: Theo Andrew

The Securities Industry and Financial Markets Authority has elected its principal officers for 2018, naming Lisa Kidd Hunt, executive vice president of Charles Schwab & Co, as its chair.

DTCC enhances its European GTR for SFTR
24 October 2017 New York
Reporter: Jenna Lomax

The new SFTR enhancements will be a significant addition to the existing reporting capabilities, affecting 45 regulators around the world who have access to GTR data

Wematch welcomes first lenders to platform
23 October 2017 London
Reporter: Drew Nicol

Digital broker Wematch.SecuritiesFinancing has secured its first two lenders

Nigerian repo activity suffers in September
23 October 2017 Abuja
Reporter: Jenna Lomax

Nigeria鈥檚 FMDQ OTC Securities Exchange鈥檚 repo activity was valued down 41.7 percent in September compared to the previous month