Sponsored membership extended to a wider set of buy-side firms, with Insight Investment becoming first fund manager to transact cleared repo on behalf of a UK defined benefit pension fund
The firm says portfolio trading accounts for 3.8 per cent of the US High Grade and US High Yield TRACE volume — a small but growing portion of the US credit market with approximately $1.5 billion in ADV
FCA proposals will potentially extend the list of companies covered by disclosure rules to include asset managers, insurers and FCA-regulated pension schemes
Cowen’s typical capital introduction clients are emerging managers, with a team focus on family offices, hedge fund of funds, endowments and foundations, and other investors willing to provide early stage capital
“We’re happy to support HQLAx as they continue to grow the collateral management blockchain ecosystem," comments Ben Challice, head of trading services at J.P. Morgan
Peve will have responsibility for the firm’s global corporate strategy, digital product development and strategic partnerships and alliances reporting to DTCC president and CEO Michael Bodson