OneChicago sees March growth 06 April 2017 Chicago Reporter: Drew Nicol Securities finance exchange OneChicago’s transaction volume for March beat last year’s monthly volume by 2 percent
BM&FBovespa and Cetip form new exchange 05 April 2017 São Paulo Reporter: Drew Nicol The merged entity has been rebranded as B3 and promises to offer an enhanced range of services, including securities lending
Cowen snaps up Convergex for $116 million 05 April 2017 New York Reporter: Mark Dugdale The cash and stock deal has been struck with Convergex owners BNY Mellon and GTCR
Euronext and ICE Clear partner up 05 April 2017 Amsterdam Reporter: Drew Nicol Clearing operations will be run from Amsterdam, while a new asset financing solution will be built by Euronext and operated from Paris
R3’s Corda steps up for DLT lending platform 05 April 2017 New York Reporter: Stephanie Palmer Liquidity management company HQLAX has teamed up with R3 and five of its member banks to build a collateral lending solution for liquidity transfers
Eurex secures KfW as IRS clearing client 05 April 2017 Frankfurt Reporter: Drew Nicol German government-owned investment bank KfW has looked to Eurex Clearing for IRS clearing services
OCC’s McClain to head DTCC equity clearing 04 April 2017 New York Reporter: Stephanie Palmer The Depository Trust & Clearing Corporation has appointed Michael McClain as managing director and general manager of equity clearing
EU beneficial owners see asset dropoff 04 April 2017 Frankfurt Reporter: Drew Nicol Pension fund and insurance company balance sheets contracted, according to data from the European Central Bank
BlackRock revamps equity business 03 April 2017 New York Reporter: Drew Nicol BlackRock shakes up equity division with new products to reflect more sophisticated client demands
Goldman welcomes Bozorgi for equity 03 April 2017 London Reporter: Drew Nicol Goldman Sachs continues equities hiring spree with appointment of Poya Bozorgi
FCA sheds light on MiFID II rules 31 March 2017 London Reporter: Stephanie Palmer The UK’s Financial Conduct Authority has published near-final rules on its implementation of MiFID II
ESMA issues final SFTR standards 31 March 2017 Paris Reporter: Mark Dugdale ESMA has issued its final report on standards for implementing SFTR, including a revision to collateral reporting
