UK

The UK central bank now has further powers to limit CCP discretionary payments to employees and shareholders, with these powers limited to five years’ duration and with consideration to be given to their impact on CCP hiring and staff retention

Joshua Westcarr joins the firm from UBS, where he started in 2019

TA.Link provides an alternative connection which aims to mitigate the risk of using a single messaging service to communicate with counterparties

Based in London, John Overy was managing director of global securities finance

ADE will list novel deliverable products while ANSL will facilitate the borrow and lend function, contributing to the orderly functioning of its markets

He replaces Teresa Parker as EMEA president and a member of the Northern Trust Management Group

The derivatives arm of Deutsche Börse Group plans to launch TRF contracts on three MSCI indexes: MSCI World Index, MSCI EAFE Index and MSCI Emerging Markets Index

Reporting to executive vice president Cuan Coulter, Eldridge will oversee all aspects of State Street’s business in the UK