As part of the expansion of its equity business, SMBC Nikko Securities Americas has appointed Ted Langworthy as executive director and head of the equity finance team
This OTC clearing module offers new proprietary enhancements to clearing members, including trade compression, improved risk management functions and valuation procedures
The 3P Transparency project is expected to provide a long-term foundation for collaborations and include guidelines for letters of intent, memoranda of understanding and apportionment of financial costs
The Money Markets Committee cited an informal market survey indicating that settlement rates for closing leg trades were as low as 85 per cent, with lack of available stock and illiquidity in corporate bond markets the primarily reasons for fails
Celebrating its five-year anniversary, 100 guests — including active members of the group and supportive allies — gathered on the NYSE floor to watch as WISF leaders rang the closing bell to signal the end of the trading day
Vivek Patel has promoted to head of repo trading at Mizuho as the firm looks to expand its repo capability across the banking and securities units in EMEA
The guidelines provided by the financial markets regulator aim to enhance the harmonisation and standardisation of reporting under the upcoming European Market Infrastructure Regulation
