The bank says the Google Cloud-powered tools could help clients forecast 40 per cent of daily settlement failures in the US treasury market which sees roughly 2 per cent of trades fail per day
Representatives from Melvin Capital, Robinhood, Reddit, and Citadel are among those due to testify at this week’s US House Committee on Financial Services’ GameStop hearing on “predatory” short selling
AFME highlights the risk of mandatory buy-ins to Europe’s economic recovery from the pandemic and calling for the measure to be removed from the upcoming CSDR
A Bermuda-based hedge fund has filed a suit in a New York court alleging that CIBC, Bank of America, UBS and TD Bank gamed the market causing shares it held in a major pharmaceutical to tumble in 2016
“Opening-up of markets to retail investors must include a commitment from regulators and politicians to empower its citizens through the development of greater financial fluency, that will build the trust that is needed for these markets to reach the
The Financial Stability Board-backed foundation has released the technology underpinning its new blockchain-friendly verifiable legal entity identifier
Alongside unsustainable volumes on the Lending CCP, Eurex has cited external hurdles including new regulations, Brexit and the COVID-19 pandemic as driving down clearing adoption on the priority lists of potential clients
In return for its investment, Northern Trust will integrate EDS’s decision support tools into its technology platforms to provide specialised and innovative solutions to institutional investors
