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SEC fines Cantor Fitzgerald and BMO for ADR lending violations
19 August 2019 Washington
Reporter: Maddie Saghir

The US SEC's investigation found that both Cantor Fitzgerald and BMO Capital obtained pre-released ADRs when they should have known that the pre-release transactions were not backed by foreign shares

MarketAxess unveils new dedicated SFTR website
16 August 2019 London
Reporter: Maddie Saghir

MarketAxess has launched a new section to its website that is dedicated to SFTR, in order for clients to easily access SFTR information.

State Street sees record-breaking repo investment volumes
16 August 2019 Boston
Reporter: Maddie Saghir

State Street Corporation has sponsored a record $140 billion in repo investment volumes as a result of its partnership with the Fixed Income Clearing Corporation

Trade bodies to pen new SFTR and EMIR-compatible Master Reporting Agreement
15 August 2019 London
Reporter: Drew Nicol

The agreement aims to address the similar ‘mandatory’ and ‘delegated’ reporting requirements for SFT under SFTR and derivative transactions under the EMIR

Eurex Repo expands funding and financing offering
15 August 2019 Frankfurt
Reporter: Maddie Saghir

Eurex Repo has introduced a new GC Pooling Cheapest-to-Deliver Basket that aims to offer its clearing members a safe funding alternative for their CTD instruments.

Bloomberg acquires RegTek.Solutions
14 August 2019 New York
Reporter: Maddie Saghir

Bloomberg has acquired RegTek.Solutions to expand its suite of regulatory reporting services

Northern Trust unveils machine learning tool for price forecasting
13 August 2019 Chicago
Reporter: Maddie Saghir

The asset manager has developed an algorithm built on a hybrid-cloud system to leverage numerous strategic market data points from multiple asset classes and regions to project the demand for lendable equities in the market

Bloomberg woos Charles Schwab with real-time stock availability feature
13 August 2019 San Francisco
Reporter: Drew Nicol

US bank and broker Charles Schwab has connected its lendable securities portfolio to the Bloomberg Stock Loan Trading Platform in order to utilise the first-of-its-kind live-streaming of stock availability to avoid trading errors

Credit Suisse bolsters Delta One desk
12 August 2019 London
Reporter: Maddie Saghir

Credit Suisse has made a new hire for its Delta One desk in London

Burford responds to Muddy Waters’ short attack
09 August 2019 New York
Reporter: Maddie Saghir

Burford Capital has responded to Muddy Waters Research’s short attack report which accused Burford of actively misleading investors

Simon Martin to join IHS Markit
09 August 2019 Sydney
Reporter: Maddie Saghir

Simon Martin is to join IHS Markit as a sales director for enterprise data management (EDM) and thinkFolio

Stock loan antitrust lawsuit dismissed
08 August 2019 New York
Reporter: Maddie Saghir

QS Holdco’s legal action against Bank of America Corporation over antitrust claims has been dismissed following a district court ruling