Banca IMI Securities has pleaded guilty to an antitrust charge and was sentenced to pay a criminal fine in excess of $2 million for its involvement in bid-rigging for certain financial instruments
Clearstream is to expand its investment funds service offering by merging Vestima funds processing services with distribution support services, under the umbrella of its Clearstream Fund Desk
Lending supply and borrowing demand not only remains strong but is growing among the top crypto hedge funds, exchanges, market makers and trading houses around the world, according to a study by Lendingblock
A research paper by Better Finance suggested that a significant part of the net income derived from securities lending is not returned to fund investors as it should be
History tells us that trade repositories are much better prepared for the Securities Financing Transactions Regulation than other regulations in the past, according to Mark Steadman of DTCC
The industry needs to keep the impact of getting SFTR wrong in sharp focus, according to a panellist when discussing the SFTR at the Finance Technology Symposium
There is a lot to be done in the basement, we won’t get the basic stuff right unless the industry sorts the foundations, according to one panellist on the data panel at the Securities Finance Technology Symposium in London
