The move is seen as an important expansion of the Canadian Collateral Management Service into facilitating triparty pledge transaction in securities lending
RBC Capital Markets is the corporate and investment banking arm of the Royal Bank of Canada, providing a range of financial products and services to institutional investors and corporations across key markets
SMBC Group offers banking services to both institutional and commercial clients across EMEA, as well as offering services in Japanese equities and equity-linked products to global customers
The programme aims to create a forum for data and technology vendors, financial institutions, and corporates, to develop offerings by using the technology of the LEI and vLEI
With the addition of the independent third-party securities lending agent, the association says its full and associate membership has reached a total of 26
The modular trading platform is designed to offer complementary functionality, such as pre-trade risk, advanced options pricing, and index calculations
Changes include extending the maximum tenor of interest rate swap contracts to 30 years and adding one-year Loan Prime Rate into the floating reference rate options