Credit Suisse announced today that it has received a license from the Reserve Bank of India to establish a bank branch in Mumbai. This license enables Credit Suisse to expand it's offering in the Indian market.
EuroCCP and J.P. Morgan Worldwide Securities Services announced today that J.P. Morgan has become a general clearing participant (GCP) in EuroCCP, which provides clearing and settlement services for a wide range of European markets.
The Options Clearing Corporation (OCC) announced today that total OCC cleared volume in July reached 279,245,228 contracts, representing a 9% decrease over the July 2009 volume of 307,085,331 contracts.
In July 2010, the value of assets under custody held on behalf of customers by Clearstream registered an increase of four per cent to EUR10.8 trillion (compared to EUR10.4 trillion in July 2009).
The Depository Trust & Clearing Corporation (DTCC) announced today two significant developments: 1) the launch of its Equity Derivatives Reporting Repository (EDRR) and 2) FSA approval of DTCC Derivatives Repository Ltd subsidiary.
Merlin Securities, has launched new reporting functionality which will enable funds to more precisely articulate their performance for today's sophisticated institutional investors
Life is good in Chicago as OneChicago, LLC ("OCX") reported reported some fantastic figures showing that 599,564 security futures contracts were traded at the Exchange in July 2010, an increase of 99% from July 2009. Year to date volume was 2,591,742
BNY Mellon Corporate Trust has appointed Richard P. Stanley and Debra A. Baker to oversee its structured finance business lines, reporting to Scott Posner, CEO of BNY Mellon Corporate Trust.