The conditional exemptive order is designed to permit customer cross-margining of cash market positions in US Treasury securities cleared by a registered clearing agency
The partnership will see the firms combine their strengths across the full lifecycle of tokenised securities, spanning trading, custody, settlement, and collateral management
Developed in partnership with clients, SLaaS MAX bridges the gap between the revenue potential of a retail securities lending programme and what institutions actually capture
The opinions give ICMA members exclusive access to a substantive body of legal know-how regarding the enforceability of the GMRA and the GMRA netting provisions
In his role as chief risk officer, Fernando Cerezetti will be responsible for leading the development and oversight of the CCP's risk management framework
Rakesh Thoppil joins the firm as vice president of agency securities lending business as lead for ASL following more than 14 years at Barclays Investment Bank
