15 November 2023Luxembourg Reporter: Carmella Haswell
The Luxembourg-based firm generated €732.4 billion through its global securities financing business for the month of October, according to monthly figures
This fundraising round for the digital payments fintech was led by Goldman Sachs and BNP Paribas with involvement from DTCC, Euroclear, Nomura, WisdomTree and a number of other investors
The exercise will involve more than 30 central counterparties, which will simultaneously run a simulation on the default of a hypothetical common clearing member
The group will begin with micro-events, intended to encourage networking amongst new members and enabling the organisation to grow organically in the region
Hedge fund treasury management system provider Kayenta has partnered with TS Imagine to grant clients access to multi-asset trading and risk management solution TS One
06 November 2023South Africa Reporter: Lucy Carter
Through the collaboration, global and custodian banks using ISS’ GPD outsourced voting solutions will be able to use Strate’s central platform for the direct vote processing of South African issuers’ shareholder meetings
The move marks United Overseas Bank as the first bank in Southeast Asia to join as a direct member of ForexClear — LCH’s solution for non-deliverable and deliverable foreign exchange
The Options Clearing Corporation has also reported a 19.8 per cent YoY increase in total securities lending transactions cleared on the platform for the month of October
