ICAP's federal funds open rate should be replaced by the the Federal Reserve Bank of New York’s new overnight bank funding rate as a benchmark for pricing and performance reporting, industry associations have argued...
US technology giant IBM is working with securities borrowing and lending participants such as BNY Mellon to create a “tamper-resistant” blockchain solution for the trade and transfer of assets...
Saudi Arabia’s Capital Markets Authority has approved the introduction of securities lending and covered short selling to the Saudi Stock Exchange from H1 2017...
European central counterparties are generally well equipped to manage extreme negative developments in the market, according to the first ESMA EU-wide stress test report...
Clarity and consistency must be ESMA's watchwords when it finalises its reporting requirements under the SFTR, according to the International Capital Market Association...
