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Shih joins Clear Street
05 April 2024
Reporter: Sophie Downes

Wim Shih will focus on building the firm’s prime finance algos and long-term strategy

Andrew Douglas named chair of the UK Accelerated Settlement Task Force
04 April 2024 UK
Reporter: Jack McRae

Douglas explains that the key challenges for AST are FX, corporate actions, stock lending and to make sure ‘no man is left behind’

Tradeweb reports 29% increase YoY in repo ADV for March
04 April 2024 Europe, US
Reporter: Sophie Downes

Repo average daily volume (ADV) traded on the Tradeweb platform climbed 29 per cent year-on-year to US$576.3 billion for March

Clear Street launches clearing service for market makers
04 April 2024 US
Reporter: Carmella Haswell

The service is designed to enable US-registered market makers to gain insights into strategies tailored to their needs, including their diversification into new asset classes and products

ESMA provides update on DLT Pilot Regime to EU policymakers
04 April 2024 EU
Reporter: Bob Currie

This letter, sent to the European Commission, Parliament and Council, updates policy makers on the status of applications received by national regulators and highlights issues for attention raised during the project’s first year

Cboe Clear Europe secures support for SFT clearing service
04 April 2024 Amsterdam
Reporter: Carmella Haswell

Bank of America and State Street have committed to supporting the service which will launch in Q3 2024, subject to regulatory approvals

Innocap selects Fund Recs to deliver SFTR Solution
04 April 2024 Ireland
Reporter: Jack McRae

Fund Recs' dual solution will support Innocap's EMIR and SFTR related data management and operational workflows

Euronext announces migration of Italian derivatives trading to Optiq
03 April 2024 Italy
Reporter: Klea Neza

This migration is the last phase of the integration plan for Italian markets onto the Euronext single trading platform

DTCC CTM announces Societe Generale as first live client for PB triparty matching
03 April 2024 US
Reporter: Bob Currie

DTCC’s institutional central matching service CTM has gone live with its automated triparty trade matching workflow for prime brokers, with Societe Generale becoming the PB client to employ this solution

CME BrokerTec reports 9% rise in EU repo volumes
03 April 2024 Europe, US
Reporter: Sophie Downes

CME BrokerTec has reported a 9 per cent year-on-year increase in EU repo average daily notional value (ADV), generating US$299 billion for March

Kolasingh and Yared appointed to CASLA board
03 April 2024 Canada
Reporter: Sophie Downes

Their appointment occurred during the CASLA annual general meeting, which was held on 4 March

Securities lending revenues face 20% decline YoY for Q1 2024
02 April 2024 US
Reporter: Carmella Haswell

Securities lending revenues declined by 20 per cent year-on-year to US$2,748 million for Q1 2024, according to S&P Global Market Intelligence data