LCH reports growing clearing interest from new and existing customers, while supporting the market with the latest phase of uncleared margin rules and cessation of LIBOR
FSB and IMF pinpoint securities financing transactions as one of four areas where steps to implement G20 DGI recommendations unlikely to hit targets for 2021
The foreign exchange trading programme will add new trading capabilities, pivoting from a custody-focused service model to leverage a variety of client types for their rules-based, end-to-end transaction needs
The revised framework aims to improve the safety and efficiency of securities settlement in the EU, highlighting changes from the previous document along with matters awaiting consideration from ESMA or the Commission
The total trading volume for September 2021 was US$21.7 trillion across electronic marketplaces for rates, credit, equities and money markets, Tradeweb reports
Focusing on emerging markets and collateral within the securities lending sector, the firm seeks to implement high-level principles and make an impact within the industry
FICC, the DTCC subsidiary, argues that central clearing provides widespread benefits to the US Treasury market, including lower credit risk and settlement risk, improved liquidity and market access, and a more orderly system for liquidating positions
SFT understands that Tommy Guagliardo, global head of prime finance sales trading and Bob Luzzo, head of prime brokerage sales, Americas have left BNP Paribas’ Chicago office after both serving more than twenty years with the bank