SIX claims that on becoming a live participant on CO:RE Repo, BME Clearing is joining a market with a growing appetite for non-CHF currencies and a daily outstanding volume of close to 鈧70 billion
Pecora will take over the helm at the multi-asset clearing house from 3 July and will replace Marco Polito, who stepped down as CEO of CC&G following the general assembly held on 27 April
Laurie Ferber and Supurna VedBrat bring extensive industry experience and strategic insights as new members of the board, further strengthening the company's leadership and its ongoing growth initiatives
Blaine Hurty will head the firm鈥檚 capital introduction function after his instrumental work in building the business as a 鈥渟ignificant value-add鈥 for Clear Street clients
The CCMS collateral solution is targeted for Q3 2023 and will deliver improved automation, optimisation and collateral mobilisation, while bringing domestic triparty repo to the Canadian market for the first time
DRW and Societe Generale become latest banks to trade on Broadridge鈥檚 Distributed Ledger Repo platform, following first cross-border trades executed in April
The integration aims to allow users of the two firms to collaborate in real time without reverting to 鈥渟low traditional methods鈥 such as phone or email
Securities finance and post-trade specialist Craig Kinart steps into the post-trade team at the Canadian Depository for Securities as senior manager for strategy and innovation
The joint venture will see the firms participate in the public procurement procedure to become a fixed income consolidated tape provider in the European Union
The LSEG-owned swap clearing house migrated contracts from LIBOR to SOFR in two tranches completed on 22 April and 20 May, representing a total US$43 trillion in aggregate notional
Prompt action is necessary to enhance reporting from NBFIs and to establish better data for monitoring leverage and risk concentrations, according to the UK financial regulator