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State Street’s Jay Hooley retires as CEO
09 November 2017 Boston
Reporter: Jenna Lomax

Hooley became CEO back in 2010 and, according to State Street, has helped the financial service expand globally and established the firm as a leader in digitisation

Nex to apply for SFTR TR status
09 November 2017 London
Reporter: Jenna Lomax

If its application is accepted, Nex will add the SFTR trade repository and solution to its Global Reporting Hub to provide clients with an end-to-end solution for securities lending and repo markets

Wematch goes live in Asia
09 November 2017 Hong Kong
Reporter: Drew Nicol

Wematch.SecuritiesFinancing has expanded into Asia and completed its first trade with Hong Kong users involving Japanese equities

LSE teams up with APIR Systems to brings LEIs to Australasia
08 November 2017 London
Reporter: Drew Nicol

Industry estimates suggest more than 250,000 entities are still without the required LEIs

Overstock CEO fails to scare off the bears
08 November 2017 London
Reporter: Drew Nicol

Online retailer and blockchain incubator Overstock has seen its share price rise by 81 percent to close last week at $44.55, but short sellers are jostling to position themselves for a downturn

HKMA expands list of eligible collateral to include US dollar
08 November 2017 Hong Kong
Reporter: Jenna Lomax

The US dollar denominated bonds were first issued in Hong Kong by the Ministry of Finance of the People’s Republic of China on 2 November

SEC to form new fixed income market committee
08 November 2017 Washington DC
Reporter: Jenna Lomax

The US SEC is set to create a new Fixed Income Market Structure Advisory Committee to address challenges in the market structure and offer advice to the commission

Hong Kong’s SFC launches prime services review
07 November 2017 Hong Kong
Reporter: Jenna Lomax

Hong Kong’s SFC said areas of equity derivatives under review will be key concerns and issues faced by prime brokers and their clients

Japan earmarks Q2 2019 for T+2 settlement shift
07 November 2017 Tokyo
Reporter: Drew Nicol

Japan has unveiled a “tentative” timeline for its exchanges’ shift from a T+3 to T+2 settlement cycle, with eye towards Q2 2019

Millennium Management violates SEC security laws
07 November 2017 Washington DC
Reporter: Jenna Lomax

The SEC found that Millennium violated an anti-manipulation provision of the federal securities laws, Rule 105, across four occasions back in 2012

Zirpolo resurfaces at WallachBeth
07 November 2017 Jersey City
Reporter: Drew Nicol

Rory Zirpolo has taken on a new position as managing director of equity finance relationship manager at WallachBeth

COR Clearing promotes Thomas Palmeri
06 November 2017 New Jersey
Reporter: Jenna Lomax

Thomas Palmeri was previously a securities lending executive with the company