Sponsored membership extended to a wider set of buy-side firms, with Insight Investment becoming first fund manager to transact cleared repo on behalf of a UK defined benefit pension fund
鈥淲e鈥檙e happy to support HQLAx as they continue to grow the collateral management blockchain ecosystem," comments Ben Challice, head of trading services at J.P. Morgan
Eligible clients now have access to the Middle Eastern country鈥檚 Islamic and corporate bond market and listed ETFs thanks to an indirect linkage established via HSBC Saudi Arabia acting as local custodian for Clearstream