LCH adds JP Morgan as first US bank to CDS clearing service
JP Morgan is using LCH CDSClear to act as a clearing broker in credit default swaps for Swedish pension fund AMF.
Market Infrastructure
Euroclear Finland goes live with market infrastructure tech from TCS BaNCS
The new tech marks the first transformation in Europe of a CSD replacing its core legacy system.
India’s NSE overhauls post-trade technology with Nasdaq
Nasdaq to provide technology to the National Stock Exchange of India (NSE) for post-trade systems and functions.
LSEG acquires stake in collateral management platform AcadiaSoft
LSEG’s LCH Group will work alongside AcadiaSoft to bring new products to the non-cleared OTC derivatives market.
RBI sets up post-trade link with eastern European exchanges
This is the latest partnership for RBI in the region as it looks to enhance connectivity to market infrastructures in central, southern and eastern Europe.
Foreign investors at their most bullish level on China, finds Standard Chartered
Positive sentiment to investing in China has largely been influenced by clearer and more flexible access schemes for foreign investors.
Saudi Arabia reforms lead to coveted MSCI emerging markets inclusion
Landmark inclusion for Saudi Arabia in MSCI index as Deutsche Bank’s chief country officer says it’s a “major milestone” for the entire Middle East.
CACEIS connects directly to Italian CSD for T2S
The move will enable CACEIS to add Italy to the list of European countries in which it already operates directly through T2S.
Goldman Sachs chairman sees banking consolidation in Europe as “necessary”
Jose Manuel Barroso responds to question on banking mergers by saying consolidation will happen, albeit slowly.
Lombard Risk teams up with Clearstream to access tri-party services
The agreement will enable greater opportunities for real-time collateral mobilisation, as well as straight-through processing across asset classes.