New loan activity increased 24 per cent, or over 67,000 contracts in July compared to the same month last year, said Chicago-based Options Clearing Corporation (OCC)...
In a further move to raise the profile of its management team, Bank of America Merrill Lynch (BoAML) hired Peter Johnson, head of JP Morgan Chase & Co global futures, options and over-the-counter clearing operations...
The National Bank of Abu Dhabi (NBAD) is the first Middle East financial institution accepting local counterparties as cash takers and Middle East assets, such as sovereign and corporate bonds out of the Gulf Cooperation Council (GCC) area, as collat
KAS Bank will lose the head of its securities lending team, Mun Yoshihara, who will be leaving at the end of this week and moving back to Tokyo, Japan...
BATS Europe has launched Preferred Interoperable Clearing, which provides its trading participants the choice of a preferred clearer from three interoperating clearing counterparties (CCPs), effective immediately........
The ongoing budget crisis in Washington is having serious effects on the securities lending market, and although a default is still considered unlikely, the fragile confidence of participants could be hit further in the event of a ratings downgrade..