News search | Securities Finance Times

Generic business image for news articles

Global PSSL establishes Asset Owners Council
31 October 2024 UK
Reporter: Daniel Tison

Asset owners are forming the new council structure that will have Active Briefing Culture to increase transparency, clarity, and efficiency

Wematch adds equity repo to Data & Contribution Service
31 October 2024 US
Reporter: Daniel Tison

Weekly auction sessions are now available for both euro and USD cash, with plans to add pound sterling cash soon

PASLA welcomes Barrenjoey as new member
31 October 2024 Australia
Reporter: Daniel Tison

The addition of the Australian financial services firm is part of the association’s commitment to expanding its footprint in the Australasia region

Resona AM implements BBH’s automated FX solution
31 October 2024 Japan
Reporter: Daniel Tison

InfoFX enables automated foreign exchange order generation with execution netting capability across multi-custodian accounts

Copper launches triparty collateral management solution for OTC derivatives
30 October 2024 UK
Reporter: Daniel Tison

The new solution aims to support the expansion of clients’ OTC derivatives trading via DVChain International’s Centaur Markets

MUFG Bank goes live on CLSNet
30 October 2024 UK
Reporter: Daniel Tison

CLS promises “significant” improvements in operational efficiencies and risk mitigation to its growing community of users

ICMA publishes guide on Australia’s growing repo market
30 October 2024 Australia
Reporter: Daniel Tison

The association reports that the outstanding size of repo grew by about 75 per cent over the past three years in Australia

Banks complete uncleared bilateral margin payments on Fnality
29 October 2024 UK
Reporter: Carmella Haswell

Banco Santander, Lloyds Banking Group, and UBS achieved the milestone using a digital representation of central bank funds on the Sterling Fnality Payment System

SEC postpones FINRA’s Rule 6500 SLATE again
29 October 2024 US
Reporter: Carmella Haswell

After previously extending the time period to reach its decision, the SEC has now filed a notice of designation of longer period for commission action on proceedings to determine whether to adopt the FINRA Rule 6500 Series

Cboe Europe and Aquis Exchange to explore equity consolidated tape
29 October 2024 Netherlands
Reporter: Carmella Haswell

The move comes after the European Commission mandated the creation of a single entity to operate a real-time pre and post-trade CT for equities for five years as part of the MiFIR Review

CIBC Mellon amalgamates its two sister companies into one entity
29 October 2024 Canada
Reporter: Carmella Haswell

Once united to become a single entity, the firm will operate solely as CIBC Mellon Trust Company

China launches new lending tool
28 October 2024 China
Reporter: Daniel Tison

China’s central bank will use outright reverse repos to trade with primary dealers in open market operations once a month, with a tenor of less than one year