OCC welcomes MIAX Sapphire as newest participant exchange 13 August 2024 US Reporter: Daniel Tison The move enables OCC to provide clearing and settlement services to 21 exchanges and trading platforms, the firm says
ESMA recognises CDSC as Tier 1 CCP 13 August 2024 Canada Reporter: Daniel Tison The move follows the signing of the Memorandum of Understanding between ESMA and the British Columbia Securities Commission
Clearstream GSF volumes outstanding up 3% YoY for July 12 August 2024 Luxembourg Reporter: Daniel Tison The firm’s global securities financing business generated €707.6 billion for July, according to recent monthly figures
ICMA releases new GMRA legal opinion for Ghana 08 August 2024 Ghana Reporter: Carmella Haswell The legal opinion covers the enforceability of the netting provisions of the GMRA, and the validity of the GMRA as a whole, under the laws of Ghana
SNB Capital becomes Muqassa clearing member 07 August 2024 Saudi Arabia Reporter: Carmella Haswell Muqassa says it reduces post-trade risk and provides a centralised counterparty risk management service
Tradeweb reports 25.3% rise YoY in repo ADV for July 06 August 2024 US Reporter: Daniel Tison Repo average daily volume jumped 25.3 per cent year-over-year to US$621.81 billion for July
Global securities lending revenue down 11% YoY for July, says DataLend 05 August 2024 US Reporter: Daniel Tison US equity lending shows signs of acceleration despite weaker annual returns, DataLend reports
MarketAxess reveals 24.1% YoY growth in total ADV for July 05 August 2024 US Reporter: Daniel Tison The growth in total credit ADV helped offset a decline in US high-yield ADV, says MarketAxess CEO
ISLA welcomes AustralianSuper as new member 02 August 2024 Australia Reporter: Carmella Haswell AustralianSuper is one of Australia’s largest superannuation funds and one of the largest pension funds in the world
OCC average daily loan value up 23% YoY in July 02 August 2024 US Reporter: Daniel Tison Total securities lending transaction volumes increased by 30.87 per cent YoY to 247,572 transactions for July
Tradeweb completes acquisition of ICD 02 August 2024 US Reporter: Daniel Tison With this move, Tradeweb adds corporate treasury professionals as a fourth client channel, complementing its existing focus on institutional, wholesale and retail clients
BNP Paribas enters negotiations to acquire AXA IM 02 August 2024 France Reporter: Carmella Haswell The agreed price for the acquisition and the set-up of the partnership is valued at €5.1 billion, and is expected to complete mid-2025
