News search | Securities Finance Times

Generic business image for news articles

SPACs to be listed and traded in Switzerland
16 November 2021 Switzerland
Reporter: Carmella Haswell

Special Purpose Acquisition Companies have been authorised for listing and trading on the SIX Swiss Exchange from 6 December

FCA issues fines in second case of ‘serious’ cum-ex trading failings
12 November 2021 UK
Reporter: Carmella Haswell

Sunrise Brokers has been fined £600,000 by the Financial Conduct Authority for deficient anti-money laundering systems and controls, the second cum-ex trading case to face the FCA this year

European Commission proposes “equivalence” extension for UK-based CCPs
11 November 2021 EU
Reporter: Bob Currie

Proposals, targeted for early 2022, aim to protect financial stability in the short term as well as medium-term objectives to reduce “risky over-reliance” on a third country

Provable Markets appoints Caroline O’Connell to its advisory board
08 November 2021 US
Reporter: Carmella Haswell

Caroline O’Connell, BNY Mellon’s first chief marketing officer, brings more than 20 years of experience to the advisory board in New York

UN agency launches African repo facility
05 November 2021 Africa
Reporter: Bob Currie

The Liquidity and Sustainability Facility, which is now fully operational, is expected to deliver savings of up to US$11 billion in borrowing costs over the coming five years and has the backing of several international asset

LiquidShare integrates with Vermeg’s Megara platform for crypto assets
03 November 2021 France
Reporter: Rebecca Delaney

Vermeg has integrated its Megara platform with LiquidShare to allow the settlement of crypto assets using blockchain technology, making the latter one of the first blockchain platforms offering connectivity to a custody platform

Goldman Sachs taps Digital Asset to build open platform for tokenised assets
03 November 2021 US
Reporter: Carmella Haswell

Daml, a platform for building multi-party applications that run across new technologies and legacy infrastructure, will aid Goldman Sachs to develop its end-to-end tokenised asset infrastructure

RIMES to acquire Matrix IDM
27 October 2021 UK
Reporter: Carmella Haswell

The acquisition will bring together managed data services and analytics technology to help asset owners, institutional investors, asset managers and service providers solve data problems

BCBS, CPMI and IOSCO launch consultation on margin practices
26 October 2021 Switzerland
Reporter: Bob Currie

Joint report on margin practices finds that daily CCP VM calls surged from US$25 billion in January and February 2020 to US$140 billion during March, while collateral pre-positioned at CCPs jumped 40 per cent

MUFG hires Leonard Buccellato as head of trade support
26 October 2021 US
Reporter: Carmella Haswell

Leonard Buccellato will take charge of Mitsubishi UFJ Investor Services’ trade support group in New York

Cboe to acquire ErisX
21 October 2021 US
Reporter: Carmella Haswell

Ownership of ErisX will provide Cboe with entry to digital asset spot and derivatives markets, including clearing, settlement and movement of collateral between spot and futures accounts

Ivan Gilmore is appointed LCH head of cash equities
18 October 2021 UK
Reporter: Carmella Haswell

Ivan Gilmore will be responsible for the development and management of LCH Ltd and SA, overseeing the clearing of cash equities products and leadership of the services