Six of the industry’s leading institutions have launched the Approved Publication Arrangements and Approved Reporting Mechanisms association, to be more commonly known as APARMA
Developed jointly by J.P. Morgan Collateral Services and Onyx, the transaction utilises a new blockchain-based application, the Tokenised Collateral Network. J.P. Morgan now plans to extend the model to tokenised equities, FI and other assets
Finansinspektionen has fined online banking provider Nordnet for failing to meet to its terms of service relating to intraday short selling, including deficiencies in its risk management policies and failing in its duty of care to customers
The report, issued in collaboration with D2 Legal Technology, evaluates work done on the GMRA Clause Library and Taxonomy and outlines the next stages of the project
The US securities market regulator alleges that TradeZero and its co-founder Daniel Pipitone misled customers by stating that they did not restrict customer purchases of meme stocks
“Securities lending, total return swaps and repo is still in the Dark Ages,” said panellist Shane Martin of Wematch.live, when commenting on manual processes in trading at this years’ Securities Finance Technology Symposium
Eurex will connect Dutch pension fund asset manager APG, with approximately €600 billion AUM, to its ISA Direct repo clearing service from mid-June. It plans to release its ISA Direct Indemnified model in July
