06 November 2023South Africa Reporter: Lucy Carter
Through the collaboration, global and custodian banks using ISS’ GPD outsourced voting solutions will be able to use Strate’s central platform for the direct vote processing of South African issuers’ shareholder meetings
Further client adoption of Tradeweb’s electronic trading solutions has driven expansion in global repo activity on the platform, which generated US$527.2 billion for October
The move marks United Overseas Bank as the first bank in Southeast Asia to join as a direct member of ForexClear — LCH’s solution for non-deliverable and deliverable foreign exchange
Created by ICMA’s European Repo and Collateral Council, the guide is designed to help avoid uncertainty and disagreements among market participants, helping to foster a more efficient and orderly repo market in Europe
Trading volumes on Eurex Repo have climbed to € 460.5 billion for October, also representing a significant month-on-month increase from the €385.1 billion average daily term-adjusted volume reported for September
The Options Clearing Corporation has also reported a 19.8 per cent YoY increase in total securities lending transactions cleared on the platform for the month of October
Securities lending revenues have contracted globally from US$780 million in October 2022 to US$751 million in October 2023, according to DataLend, driven by mixed performance across asset classes and regions
Duco has launched pre-configured processes within its EMIR assurance solution, providing core data controls between trade capture, trade reporting store and trade repository in line with EMIR ISO XML formatting