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HSBC solves TTF securities lending tax handicap with “market first” look through model
01 December 2020 UK
Reporter: Drew Nicol & Natalie Turner

The model allows tax transparent funds to scrap the blended withholding tax rate system that has made their assets less attractive to borrow for nearly a decade, and thereby promises to boost lender revenue and market liquidity

Exactpro unveils new test automation toolkit
01 December 2020 UK
Reporter: Maddie Saghir

Exactpro has launched a new test automation toolkit for functional and non-functional testing of complex financial systems.

Deutsche Boerse completes Regulatory Reporting Hub sale to MarketAxess
01 December 2020 Germany
Reporter: Drew Nicol

The German exchange group will transition the hub’s clients to MarketAxess over the coming months and is committed to providing technical services until the migration is complete

Can securities lending programmes be too bespoke?
01 December 2020 US
Reporter: Natalie Turner

Speakers on the IMN’s North American securities lending webinar discussed the potential impact of bespoke securities lending programmes and if this is the “new travel of direction” for the market

COVID-19 inspires derivatives post trade renovations, survey shows
30 November 2020 UK
Reporter: Drew Nicol

COVID-19 chaos in H1 exposed weaknesses in some firms’ post-trade derivatives processing infrastructures and firms are now allocating major financial resources to reinforce their operations, according to a Acuiti survey sponsored by Broadridge

EC gives green light to Euroclear UK & Ireland for temporary equivalence extension
30 November 2020 Ireland
Reporter: Maddie Saghir

The European Commission has granted Euroclear UK & Ireland the ability to continue to offer issuer central security depository services after the Brexit transition period ends on 31 December

WeMatch hits $45bn average balance on securities finance platforms
27 November 2020 UK
Reporter: Natalie Turner

WeMatch has more than doubled its total ongoing securities financing balance on its EMEA and new US platforms since achieving its last milestone in July

Pirum and J.P. Morgan launch triparty dual matching service
27 November 2020 US
Reporter: Drew Nicol

Pirum and J.P. Morgan are expanding their partnership to address the regulatory-driven increase in use of triparty by launching a RQV dual matching facility

Short sellers lose up to $14.2bn in single trading day
26 November 2020 UK
Reporter: Natalie Turner

Short sellers lost as much as $14.2 billion in a single trading session as US stock markets reached new highs

ESMA releases shortlist for new chair
26 November 2020 France
Reporter: Drew Nicol

The finalists include Portugal's former minister of finance Maria-Luis Albuquerque, Carmine di Noia, commissioner for the Italian financial market regulator, and Verena Ross, executive director of ESMA

DSB calls for new Middle Eastern and Asian product committee members
25 November 2020 UK
Reporter: Natalie Turner

The Derivative Service Bureau is seeking to expand its membership and broaden geographic industry collaboration as part of its work as the unique product identifier service provider

Don't recreate today's data silo problem on DLT, warns OECD webinar speaker
25 November 2020 US
Reporter: Maddie Saghir

"If we don’t solve interoperability then all we are doing is creating slightly bigger data silos, says Digital Asset's CEO, adding that if DLT platforms cannot communicate the current data silo problem will just be recreated