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BNY Mellon gains new head of collateral


08 May 2017 London
Reporter: Drew Nicol

Adam Goddard returns to BNY Mellon as regional head of client management and collateral management after previously serving at the bank for 10 years
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Hong Kong short sellers fined


08 May 2017 Hong Kong
Reporter: Drew Nicol

Two Hong Kong short sellers have been fined after pleading guilty to illegally shorting stocks
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OCC and EquiLend partner for CCP project


05 May 2017 Chicago
Reporter: Drew Nicol

EquiLend Clearing Services has developed a middle-office platform that supports OCC’s market loan programme by processing post-trade functions, including mark-to-market, returns, recalls and other trade lifecycle events
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ICMA elects new chair and board


04 May 2017 Luxembourg
Reporter: Drew Nicol

Martin Egan, global co-head of primary and credit markets and origination at BNP Paribas, has replaced Spencer Lake as chair of ICMA
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SEC to build bridges with broker-dealers


04 April 2017 Washington DC
Reporter: Drew Nicol

The US SEC has invited broker-dealers to a free-to-attend event on 27 July to discuss market compliance and improve regulator-market communication
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French elections revive European markets


03 May 2017 Frankfurt
Reporter: Drew Nicol

The first round of the French election prompted rallies in Europe’s beleaguered equities markets, while fixed income also saw sharp corrections, according to Eurex
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OneChicago enjoys volume boom


03 May 2017 Chicago
Reporter: Drew Nicol

Expensive equity positions saw investors leverage spreads to change tack in favour of delta one-equivalent single stock futures
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DTCC expands repo clearing services


03 May 2017 New York
Reporter: Drew Nicol

The Depository Trust & Clearing Corporation’s US clients can now leverage additional balance sheet relief by centrally clearing repos