The firm has extended its multi-asset capabilities to support the trading of tokenised assets across its order, execution, and post-trade infrastructure
The debt facility is from Neuberger Specialty Finance, and will support the continued growth of Ripple’s multi-asset prime brokerage platform, Ripple Prime
Alex Salomon brings more than 25 years’ experience across institutional trading, credit, and investment markets to his new role as head of Prime Services sales
Figures from EquiLend Data & Analytics show loan balances hit US$4.42 trillion for the month, while the lender-to-broker market generated US$1.21 billion in revenue
This rise was driven by an 18 per cent YoY rise in GC Pooling average daily TAV to €243.1 billion, and an 92 per cent YoY increase in special repo average daily TAV to €330.2 billion
Alex Lawton takes on the role following Clear Street's European expansion, with a MiFID II license secured in the Netherlands, enabling the firm to operate across 27 EU countries