ISLA and ICMA have released updates to legal opinions for the Global Master Securities Lending Agreement and Global Master Repurchase Agreement, the most widely used legal agreements for securities lending and repo transactions
US technology company PolySign is to acquire digital fund administrator MG Stover to offer its institutional investor clients a custody and administration offering for cryptocurrency and digital assets. The acquisition is expected to complete in Q2 2
Existing BrokerTec Stream clients will migrate to the new platform in Q4 2022 for enhanced processing times, faster market data, as well as liquidity and matching opportunities
FIS has partnered with Fireblocks, a digital asset custody, transfer and settlement platform, to move, store and issue digital assets, and gain access to self-custody digital asset wallet technology
Michel Everaert joins CME Group as head of EMEA at CME’s London office, while Russell Beattie becomes head of Asia Pacific at the firm’s Singapore branch
The Depository Trust and Clearing Corporation has released a prototype, developed in collaboration with The Digital Dollar Project, to examine how a central bank digital currency (CBDC) may operate in the US clearing and settlement infrastructure
The partnership will integrate Provable Markets’ Aurora service and FIS’ Securities Lending Processing Platform, to allow NSCC members and sponsored access firms entry to DTCC’s SFT Clearing Service