Clients will now gain direct connectivity to BNY Mellon, Clearstream, Euroclear and JP Morgan, via SWIFT, for sending and receiving collateral instructions.
Deutsche Bank executes first CEE ESG-linked repo transaction with Turkey's Akbank.
The participation of CITIC CLSA is the latest milestone for BNY Mellon as it looks to make Chinese securities more widely accepted by global trading firms.
Distributed ledger repo platform from Broadridge has executed more than $35 billion in average daily volume in the first few weeks since its launch.
Buy-side firms using RepoClear will now have direct access to clearing across 13 Euro debt markets and LCH’s basket repo clearing service, €GCPlus.
The partnership aims to meet the securities finance industry’s demand for swift modernisation, greater automation, increased efficiencies and lower costs.
The hire takes the total number of former Deutsche Bank securities lending staff to join the Japanese asset servicer to around 20.
According to Eurex, giving a greater range of market participants direct clearing house access will deliver tangible efficiencies to their repo operations.
BNP Paribas was appointed to provide global custody services to the Italian pension fund's €2 billion of assets in 2019.