Infotrend has been awarded a three-year contract to provide blockchain and digital assets data, and advanced digital asset ecosystem analytics, to the Securities Exchange Commission

As part of the initiative, BlackRock and Barclays are now live on TCN, an application which sits on J.P. Morgan’s Onyx Digital Assets platform, operating as a private blockchain

The company launches its MACH Distributed Ledger product with six component modules, spanning trade settlement, tokenisation, reconciliations, digital asset issuance and custody, KYC and improved interoperability between DLT systems

Robert Chiuch initially joined Clear Street to form a new securities finance initiative aimed at improving the securities finance experience for Clear Street’s institutional clients

Salvatore DiMaggio, senior vice president of D.E. Shaw, joins the FinOptSys advisory board to accelerate the firm’s solutions in global buy- and sell-side markets

HSBC has facilitated the first standardised bond forward trade for an offshore investor in the China Interbank Bond Market

Citi Securities Services has settled trades for China Asset Management on Hong Kong Exchanges and Clearing’s Synapse platform

The firm says the extension provides clients with an 'immutable, transparent and distributable' golden-record of their trades for reference, audit and other purposes

The BoE has outlined an action plan for the review of the UK Money Market Code, which is due in April 2024, and it will be working with the London Money Markets Association on steps to improve settlement efficiency in UK repo markets

TA.Link is an alternative way to communicate trading activity between securities finance participants

Ben Reeder joins the firm from EquiLend and will serve as vice president of trading

The news follows regulatory approval regarding critical components of securities borrowing and lending — short selling can only function if a securities borrowing and lending programme is in place