Total repo contract value outstanding on the books of 57 firms responding to the latest European Repo and Collateral Council (ERCC) survey has grown to a record €9.2 billion, rising from €8.7 billion in the June 2021 survey and up 11 per cent YoY
ISLA and ICMA have released updates to legal opinions for the Global Master Securities Lending Agreement and Global Master Repurchase Agreement, the most widely used legal agreements for securities lending and repo transactions
US technology company PolySign is to acquire digital fund administrator MG Stover to offer its institutional investor clients a custody and administration offering for cryptocurrency and digital assets. The acquisition is expected to complete in Q2 2
Existing BrokerTec Stream clients will migrate to the new platform in Q4 2022 for enhanced processing times, faster market data, as well as liquidity and matching opportunities
FIS has partnered with Fireblocks, a digital asset custody, transfer and settlement platform, to move, store and issue digital assets, and gain access to self-custody digital asset wallet technology