BrokerTec, the CME-owned fixed income and repo trading platform, has reported a year-on-year rise in US repo ADV to US$292.3 billion, with activity also up 4 per cent MoM on April numbers
Michael Baudo will work with the corporate services and financial technology firm to enable growth across the securities finance market in North America
The Frankfurt-based exchange and clearer aims through its partnership scheme to create a strong alternative liquidity pool for EURIBOR futures and options embracing Eurex’s LTIR segment and clearing services for OTC rate swaps and repo
BBVA’s equity finance desk has been working with Wematch.live to automate its solutions as part of the firm’s equities product expansion and investment in technology
The US prime broker and FCM has strengthened its team in London with the appointment of Gary Clifford-Newman to drive cross-asset sales and James Barten, who becomes head of EMEA securities finance
This proprietary solution links directly to Hong Kong’s central clearing and settlement system and will support demand for faster settlement to drive collateral management efficiency, settlement confirmation reporting and other gains in post-trade
Nick Delikaris, former head of digital finance trading at Coinbase, has re-joined State Street as global head of automation, analytics and platform services for Financing Solutions
This is the fourth penalty applied by the UK regulator and the largest that it has applied to date relating to div arb violations. MCM qualified for a 30% reduction under the Settlement Discount Scheme since it did not dispute the FCA's charges