News search | Securities Finance Times

Generic business image for news articles

Many market participants remain unprepared for move to T+1, finds ValueExchange
09 March 2023 UK
Reporter: Jenna Lomax

Barnaby Nelson, CEO of the ValueExchange (pictured), says: “A consistent 40 per cent of market participants are still unsure of how and when they will prepare for the move to T+1 settlement"

CCMA reaffirms Canadian market’s commitment to SEC’s T+1 implementation date
17 February 2023 Canada
Reporter: Jenna Lomax

The reaffirmation comes after the U.S. Securities and Exchange Commission confirmed 28 May 2024 as the US market’s "compliance date" for moving to a shorter standard securities settlement cycle

LSEG partners with Microsoft to deliver cloud-based infrastructure and advances in data analytics
12 December 2022 UK
Reporter: Bob Currie

Through this strategic partnership, LSEG will enter into a 10-year commercial arrangement to migrate its data platform and tech infrastructure into Microsoft’s Azure cloud, with Azure Machine Learning working with LSEG on new gen analytics solutions

UK government explores T+1 settlement potential with new taskforce
09 December 2022 UK
Reporter: Carmella Haswell

Led by Charlie Geffen, the Accelerated Settlement Taskforce will explore the potential for T+1, assess current settlement performance, and provide recommendations for the move to a faster settlement

CACEIS to acquire RBC’s European asset servicing business
17 October 2022 France
Reporter: Bob Currie

The deal, which is expected to complete by the end of Q3 2023 subject to approvals, will include custody and global custody FX, securities lending, fund services and middle office, along with RBC Investor Service’s service centre in Malaysia

GPFA welcomes IMCO as new member
15 September 2022 Canada
Reporter: Klea Neza

The Global Peer Financing Association welcomes the Investment Management Corporation of Ontario as the 29th member of the global beneficial owner association

Global securities lending revenues rise 6% YoY during H1
16 August 2022 Global
Reporter: SFT

EquiLend reports record lending volumes on its NGT platform during Q2, reflecting double digit volume growth in APAC, EMEA, the US and Canada over the period

Taiwan Futures Exchange launches OTC derivatives clearing
28 July 2022 Taiwan
Reporter: Bob Currie

TAIFEX has released a clearing facility for off-exchange derivatives, built largely in house, with 11 banks initially registered with the CCP as clearing members

EXCLUSIVE: BMO joins GPFA and raises total assets to $10tn
20 July 2022 Canada
Reporter: Carmella Haswell

The Global Peer Financing Association has announced BMO Wealth Management Canada as its 26th asset owner member

ION appoints Jackson as sales director
29 June 2022 Canada
Reporter: Carmella Haswell

Chris Jackson has joined ION Treasury as sales director and will support corporate treasury clients across North America

Canada Post Pension becomes GPFA member
27 June 2022 US
Reporter: Carmella Haswell

The Global Peer Financing Association welcomes Canada Post Pension as its 25th buy-side beneficial owner member

Standard Chartered appoints Simon Kellaway as global head of sales, financing and sec services
13 June 2022 Hong Kong
Reporter: Jenna Lomax

Standard Chartered has appointed Simon Kellaway as global head of sales, financing and securities services