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SEC greenlights OCC capital plan


16 February 2016 Chicago
Reporter: Drew Nicol

The US Securities and Exchange Commission has finally approved the OCC’s capital plan, following an independent review...
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CFTC opens door to US for South Korean futures


15 February 2016 Washington DC
Reporter: Drew Nicol

The Commodity Futures Trading Commission has allowed certain Korean Exchange (KRX) members to trade futures directly with in the US market...
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Clearsteam sees January GSF drop-off


15 February 2016 Frankfurt
Reporter: Drew Nicol

The monthly average outstanding in Clearstream’s global securities financing services fell by 14 percent year-over-year for January...
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ICMA: CCP repo on the rise


12 February 2016 London
Reporter: Drew Nicol

A shift towards centrally cleared repo transactions and the building regulatory strain on global systemically important financial institutions were cited as key developments in the European repo market in a new study...
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Convergex builds on sec lending offering


12 February 2016 New York
Reporter: Drew Nicol

Convergex Prime Services has enhanced its securities lending offerings by adding fully-paid for lending capabilities to allow investors to potentially generate additional income...
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J.P. Morgan agency clearing head leaves


12 February 2016 New York
Reporter: Drew Nicol

J.P. Morgan’s global head of agency clearing and collateral management, Emily Portney, has left the bank...
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US and EU tackle CCP continuity


11 February 2016 Washington DC
Reporter: Drew Nicol

European and US central counterparties will soon be able to operate in both markets with full regulatory compliance after a common approach was agreed...