The trade was executed on the Stellar network, using USDM1 as collateral through Ascend’s institutional credit facility and priced at SOFR plus 10 basis points
23 October 2026China Reporter: Madison Hendrickson
The firm has received approval from the China Íø±¬³Ô¹Ï Regulatory Commission, granting it an onshore securities license which allows offerings of equities brokerage, securities underwriting, securities research, and principal trading services
Euroclear Nordics, which comprises the Central Íø±¬³Ô¹Ï Depositories in Sweden and Finland, will bring expertise in market infrastructure and investment flows, connecting issuers and investors across the region to the alliance
Following FRA Decision No. 155 of 2026, the new model contract standardises the procedural roles, fees, and collateral obligations for transactions executed via the MCDR centralised lending platform
The ISDA Digital Regulatory Reporting tracer agent will allow users to look back at the history of DRR decision-making to understand when and why coding choices were made
The issuance was carried out through Luxembourg’s central securities depository, LuxCSD, leveraging the digital post-trade platform D7 DLT from its parent company, Clearstream
The appointments have been ratified by the Euroclear SA/NV and Euroclear Holding Boards, with Guillaume Eliet and Marie-Anne Haegeman expected to take up their roles of CEO and chief risk officer respectively from 1 January 2027
Meeting these conditions allows for certain OTC derivative transactions to be exempt from the clearing obligation under the European Market Infrastructure Regulation 3
Dante Ferrarie will lead Global Markets distribution, as well as equities and derivatives outsourced trading, while Michael Capelli will lead global trading product management