The Tadawul and Edaa have signed-off the country’s new securities lending and short selling rules framework following the public consultation last year, with several restrictions on on-lending and market participation scrapped
“Joining Broadridge represents an exciting next chapter for our business and team by creating a leading front-to-back capital markets technology and operations provider,” says Itiviti’s CEO Rob Mackay
J.P. Morgan has completed the first fully electronic standardised total return swap based on IHS Markit’s iBoxx USD Liquid High Grade Index, through the Tradeweb Swap Execution Facility
Following the COVID-19 market stress experienced by money markets in March 2020, the EU regulator is considering four wide-ranging proposals for rule changes to shore-up liquidity buffers and transparency
The no-fee trading app gained more than 3 million users in 2020, which led to Robinhood sitting on assets available to lend worth $4.63 trillion, held in customer margin accounts, as of December 2020
The new solution with Citi is designed to integrate with wealth managers’ existing IT infrastructure and provide a fully-digital user experience for underlying customers, from opting into the programme through to managing their lending
“Calypso’s technology allows its world-class customer base to navigate the highly complex and regulated capital markets with greater transparency and lower costs," says Thoma Bravo's Holden Spaht
In the current market environment, the process of resolving settlement failures is manual, which Broadridge explains leads to greater operational risk, inefficiency, a challenging user experience, and regulatory non-compliance under CSDR requirements
