tZERO’s CEO has said that the departure of Overstock.com chief Patrick Byrne in August will not disrupt the upcoming launch of new securities lending features
DTCC began trialling the test pack with its own SFTR matching and reporting service on 30 August, ahead of the regulation’s implementation on 11 April 2020
QS Holdco is appealing to the court to allow for the submission of new evidence that would challenge the dismissal of its antitrust case against several major securities lending participants
BNY Mellon has become the first custodian to go live on the International Swaps and Derivatives Association Create initial margin offering, which has recently added a new custody function
The partnership responses the EU’s CSDR, which brings new settlement discipline procedures, including cash penalties for settlement fails and mandatory buy-ins
OCC was designated as a systemically important financial market utility in 2012, thereby making it subject to enhanced regulation and transparency rules related to risk management
Finastra’s Michael Henssler says: “those who chose cloud-based technology will be more prepared when it comes to new regulations and can free-up resources to focus on new revenue streams”
