Securities Finance

Reech Capital to Distribute in Italy

Reech Capital is to expand its business in Italy through a distribution agreement with Uniteam, the Italian business solutions provider that supplies corporate IT and telecommunications services to financial institutions in Italy. This agreement will enable Reech Capital to market

Cross-Margining Between BrokerTec And GSCC To Begin April 19

BrokerTec Clearing Company, L.L.C. (BCC), clearing affiliate for BrokerTec Futures Exchange L.L.C. (BTEX), and Government Securities Clearing Corporation (GSCC), a subsidiary of The Depository Trust & Clearing Corporation, announced today that cross margining between the two clearing organizations will begin

LCH RepoClear Adds Irish, Finnish and Portuguese Markets

RepoClear, the central counterparty (CCP) for trading in government bonds owned by the London Clearing House (LCH), has added three new European government bond markets Ireland, Finland and Portugal to its service. These additions take LCH RepoClear's coverage of European

MTS Says Its Share of European Repo Is Growing

Brennan Succeeds Bolsover at Baring Asset Management Baring Asset Management, a unit of ING Group, has appointed David Brennan chairman and chief executive, effective July 1.Brennan has been with the company for 14 years and has been chief executive of

Merrill Rejects Allegations of Research Bias

Brennan Succeeds Bolsover at Baring Asset Management Baring Asset Management, a unit of ING Group, has appointed David Brennan chairman and chief executive, effective July 1.Brennan has been with the company for 14 years and has been chief executive of

Citibank Secures Full Membership of Clearnet

Citibank Global Securities Services announced today that it has gained admittance as a General Clearing Member (GCM) to the French and Belgian segment of Clearnet, the central clearing counterparty (CCP) for French, Belgian, and Dutch stocks traded on Euronext. Citibank

MTS Finland Launched

MTS Finland, the segment for the trading of Finnish government securities, was launched today, in cooperation with MTS Belgium. The segment, which is tailored to the needs of the Finnish market, will take advantage of the liquidity and efficiency of