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CCMA reaffirms Canadian market’s commitment to SEC’s T+1 implementation date
17 February 2023 Canada
Reporter: Jenna Lomax

The reaffirmation comes after the U.S. Securities and Exchange Commission confirmed 28 May 2024 as the US market’s "compliance date" for moving to a shorter standard securities settlement cycle

CDM resources now available as open source in FINOS
16 February 2023 UK,
Reporter: Bob Currie

In a joint statement, ICMA, ISDA and ISLA announced today that the CDM is now available in FINOS, enabling users to access CDM resources on an open source basis via this repository

Sharegain goes live with lending-as-a-service solution in US
16 February 2023 US
Reporter: Bob Currie

FINRA approval provides green light for release of Sharegain’s Securities Lending as a Service product in the US, building on existing coverage in Europe, APAC and Middle East

SEC restates commitment to move to T+1 by May 2024
15 February 2023 United States
Reporter: Jenna Lomax

The affirmation was made at an Open Meeting conducted by the SEC today (15 February)

BlackRock appoints Cooper to global head of repo
15 February 2023 UK
Reporter: Carmella Haswell

Emma Cooper takes on the senior position after a 13-year career at the global asset manager

Jaid appoints Mathieson as board member
15 February 2023 US
Reporter: Carmella Haswell

Kelly Mathieson, chief business development officer at Digital Asset, joins the board of directors at AI-powered automation platform Jaid

Venture capital firm IMC Investments invests in Clear Street
15 February 2023 US
Reporter: SFT

The investment, for an undisclosed sum, provides additional backing to efforts of the New York-based international prime broker to build a modern capital market infrastructure that does not rely on legacy technology

EU repo activity on BrokerTec rises 16% YoY for January
14 February 2023 US
Reporter: SFT

BrokerTec has seen average daily notional value for EU repo activity rise to €331.7 billion, but US repo has contracted 3% YoY to US$260.1 billion

AXA IM appoints Quorrich as head of liquidity solutions
14 February 2023 France
Reporter: Carmella Haswell

Mohammed Quorrich has transitioned to the role from his previous position at AXA Group as deputy head of group investment solutions

BNP Paribas installs Kerdoncuff as head of asset owner clients in Australia and NZ
14 February 2023 Australia, New Zealand
Reporter: SFT

After six years as the bank’s head of China, Philippe Kerdoncuff joins new role working with buy-side clients and will report to Daniel Cheever and Philippe Tassin

Duco hires McCormack
14 February 2023 UK
Reporter: Carmella Haswell

Lee McCormack, former head of collateral product management and professional services at AcadiaSoft, has been appointed senior manager of partners at Duco

GCEX partners with Komainu to enhance regulated custodian offering
14 February 2023 Denmark
Reporter: Jenna Lomax

Lars Holst (pictured), founder and CEO of GCEX, says: “Komainu was the ideal partner for us because it is backed by Nomura, and has a strong presence in Europe and UAE